BTC has continuously fallen from $97,000 to a low of $60,000, a decline of 38%, with almost no rebound along the way. Currently, many cryptocurrencies are in full bearish release, making it a good time for phased spot buying to bottom out and enter the market. It is predicted that high-quality coins will experience a rebound of 30%-50%. The better entry point is when Bitcoin drops below the support zone of $63,000 for synchronized participation. Here, I recommend CHZ and PUMP first. The predicted short-term rebound range for Bitcoin is between $72,000 and $76,000.
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BTC has continuously fallen from $97,000 to a low of $60,000, a decline of 38%, with almost no rebound along the way. Currently, many cryptocurrencies are in full bearish release, making it a good time for phased spot buying to bottom out and enter the market. It is predicted that high-quality coins will experience a rebound of 30%-50%. The better entry point is when Bitcoin drops below the support zone of $63,000 for synchronized participation. Here, I recommend CHZ and PUMP first. The predicted short-term rebound range for Bitcoin is between $72,000 and $76,000.