đ¨ Why Bitcoin Could Rebound Despite the Market Dip! đ¨
The crypto market might be down, but donât count Bitcoin out just yet! Despite the current decline, experts are still bullish due to several key factors. With $340 million in liquidations behind us, the market could be primed for a reversal. đ
Hereâs why a rebound might be on the horizon:
đ Bitcoin Halving Effect: Reduced supply is putting upward pressure on prices.
đ Strong Accumulation: Long-term holders are still accumulating, signaling confidence in future growth.
đ Positive Funding Rates: Traders are willing to pay to keep long positions.
If youâve been waiting for a sign to jump in, this could be it. Keep a close watch on the charts and consider dollar-cost averaging to ride the next wave up! đ
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