🚨📉Description:🔍 Death Cross on BTC Daily Timeframe
When the Death Cross flashes on Bitcoin's daily chart, it typically signals a bearish scenario. Here's what you need to know:Initial Reaction: The market may initially experience a small pump, creating a false sense of security.
📈The Real Move: Following this, a significant dump often occurs, aligning with the bearish expectations.
📉BTC Price Targets:
📉 $50,000: The first line of support might be tested. 📉 $48,000: Watch for potential resistance as the price trends lower. 📉 $44,000: A deeper correction could lead to this target.
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