📉 Bitcoin's nearly 10% drop last week was just a "healthy correction" that reduces the risk of a sudden drop in the near term, according to Bitfinex.
📊 BTC drops to $60,000 support, signaling stability in the coming days.
📈 BTC hit $66,600 on September 27 but fell 9.94% due to geopolitical tensions and concerns about the US economy.
📉 This decline shows investor caution at high prices.
💡 Bitfinex predicts buyers are still keen to accumulate BTC at lower prices.
🔻 BTC open interest drops from $35B to $31.8B, with $450M long positions liquidated on October 1.
📅 Markets supported by positive US labor data, expectations of Fed rate cut in November.
📈 BTC recovers to $62,650, but short-term direction is still unclear.
💬 What do you think about the future of BTC? Comment below!#Bitcoin#Crypto #Blockchain