Bitcoin Price Plunge Sparks Recovery – Three Charts Show Potential for Rebound

A significant dip in Bitcoin (BTC) price, fueled by heavy leveraged positions being liquidated, caused a notable drop to around $103,000. However, the broader market picture reveals an expansion phase with positive technical signals emerging. Bitcoin’s recent correction may appear dramatic on short-term charts, but when looking at the weekly timeframe, it’s less severe than several past pullbacks. The drop is presently below the historical lows of earlier crashes. Buyers stepped in to support BTC’s price during a key dip, and these

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