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BITCOIN FACING TROUBLE: IS A CORRECTION COMING? 📉💥
Bitcoin has been holding strong at $95,000, but concerns are growing over its potential overvaluation. The Network Value to Transactions (NVT) ratio is at a five-month high, signaling a possible mispricing of Bitcoin. The Fear and Greed index is also nearing the "Greed" zone, suggesting that the market may be overbought. If Bitcoin breaks its support at $95,000, it could fall to as low as $92,000. However, if Bitcoin holds steady, it might bounce back toward $98,000, offering hope for a renewed bullish trend.
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