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Bitcoin's recent downturn is viewed as a healthy correction rather than a trend reversal, according to MerkleTree Capital's CIO, Ryan McMillin.
Bitcoin has recently flashed a death cross, stirring bullish sentiment despite its recent YTD gains' wipeout. Analyst Colin sees this as a potential bottom for BTC, predicting a short-term bounce and hinting at future highs due to Federal Reserve's anticipated policy changes.
Bitcoin's dip to $93K sparks extreme fear and volatility, with experts predicting further consolidation.
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