In recent weeks, I've consistently mentioned the likelihood of #BTC reaching the resistance zone at 38/39k. This prediction is based on the presence of a strong resistance level and the emergence of a bearish divergence. As expected, Bitcoin is currently experiencing the projected correction, with indications pointing towards a potential dip to the 34k range by the end of November. It's noteworthy that if Bitcoin stabilizes within the 34k–38k range for an extended period, it could create a favorable environment for altcoins.
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BTC
87,856
+0.42%
18.9k
15
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