@crashoak
📉Bitcoin has hit a low of $56,500, opening the way to $51,700.
😢Altcoins are experiencing a deeper correction than in previous trends. I anticipate more negative news to pressure spot holders into selling. The focus is now on spot purchases rather than futures.
🦠In my view, this situation resembles the COVID-induced dump before the last bull run.
😅I still expect altseason in the first half of 2025. However, I believe the market will see a significant recovery by the end of this year.
What do you think? Will Bitcoin drop to $51.7k?
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