Bitcoin Market Update: Whale Support at Mid-$60K Zone
Recent analysis suggests Bitcoin prices may see a downturn before recovery. Analysts, who previously predicted a breakout to 95,000 dollars, now warn of potential new long-term lows. The market exhibits volatility, reflecting investor sentiment as support shows signs in the mid-$60K range. Enthusiasts and investors need to keep a close eye on market developments. Tether’s recent inflows might indicate renewed interest in the cryptocurrency as resistance levels adjust.
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