Bitcoin Could Crash to $50K if Bulls Fail This Crucial Test: Analyst
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Analysts warn Bitcoin could drop to about $50,000 if bulls fail to pass a key near-term technical test, exposing the market to a sizeable corrective move. A breach of that test would likely accelerate stop-loss sweeps, flip sentiment toward bearishness and increase volatility. Market participants should therefore monitor the level closely and manage leverage and position sizes to limit downside risk.
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