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#BTC #crypto
BTC still has a long way to fall before reaching its 200-week moving average. In this cycle, it sits at around $55 000 +-. In the past, the 200-week moving average served as a good indicator of the "long-term bottom" in each cycle.
If the Fed doesn't urgently turn on the printing press, the story of "deep corrections" in BTC could repeat, and some experts believe we can safely expect the price to fall to the $60 000 - 50,000 range.
Claims that the times of deep corrections in BTC are over may be mistaken.
A truly significant market cleansing could happen if BTC dropped to $60 000 - 50,000....
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While $BTC is dropping, just like all other altcoins, $FULLSCAM is stable.
GateFun. $FullScam , Address: 0xb29144990927ab1608ef8b9472c9935ab4167a6a
https://web3.gate.com/en/trade/gatelayer/0xb29144990927ab1608ef8b9472c9935ab4167a6a?i=inX33keC