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Bitcoin Price Forecast: Analyst Predicts Potential Correction

Renowned digital currency analyst and trader Rekt Capital has issued a cautionary prediction, suggesting that Bitcoin may experience a further price decline within the next two weeks.

This forecast is based on an analysis of historical trends following the 2016 halving event. Rekt Capital observes a pattern of a second corrective wave emerging after such halvings.

However, the analyst emphasizes that if Bitcoin can maintain its support level of $60,000 during this period, it could signal a positive trend reversal.

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Bitcoin Price Forecast: Analyst Predicts Potential Correction

Renowned digital currency analyst and trader Rekt Capital has issued a cautionary prediction, suggesting that Bitcoin may experience a further price decline within the next two weeks.

This forecast is based on an analysis of historical trends following the 2016 halving event. Rekt Capital observes a pattern of a second corrective wave emerging after such halvings.

However, the analyst emphasizes that if Bitcoin can maintain its support level of $60,000 during this period, it could signal a positive trend reversal.
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Bitcoin Price Forecast: Analyst Predicts Potential Correction

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