Crypto Analyst: BTC Falling Below $65,000 May Trigger a Deeper Bearish Path
According to Odaily, crypto analyst Murphy posted on X stating that BTC is currently around $65,000, which is the historical average turnover cost after excluding lost tokens. This level serves as an important support line for the bulls. If it is breached, the current downward trend is likely to continue into a deeper bear market. During market downturns, investors should maintain composure, avoid being influenced by negative voices, and validate their views through position management.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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