bullish

Vision

Bitcoin

<p>The Bitcoin market is going through a turbulent phase, as analysts predict a possible drop in price below the symbolic threshold of $50,000. This worrying prospect is explained by evolving liquidity conditions and concerning technical signals.</p>
<h2 id="h-une-liquidite-en-berne-signe-avant-coureur-d-une-correction">Weak liquidity, a precursor to a correction?</h2>
<p>Renowned analyst Cole Garner recently shared his concern about the current state of the market. According to him, the contraction of liquidity on the Bitcoin network is a worrying signal, foreshadowing <a href="https://www.cointribune.com/en/crypto-an-imminent-devastating-shock-for-the-markets/" target="_blank" rel="noopener noreferrer nofollow">a potential investor capitulation</a>.</p>
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<p>“<em>On-chain liquidity is tightening: I sense a coming capitulation</em>,” he <a href="https://cointelegraph.com/news/bitcoin-capitulation-incoming-liquidity-btc-price-analyst" target="_blank" rel="noopener noreferrer nofollow">declared</a> on platform X (formerly Twitter). Garner particularly relies on the Liquid Vision index, which measures the overall liquidity provided by central banks. This indicator seems ready to signal a buying opportunity, but a final drop might occur before a rebound.</p>
<p>Another concerning factor is the <a href="https://www.cointribune.com/en/crypto-625m-lost-for-tether-and-stablecoins/" target="_blank" rel="noopener noreferrer nofollow">decrease in the supply of stablecoins</a>, particularly Tether (USDT) and USD Coin (USDC). This reduction could limit purchasing power in the crypto market, putting downward pressure on Bitcoin’s price.</p>
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<h2 id="h-des-perspectives-contrastees-pour-l-avenir-du-bitcoin">Contrasting prospects for Bitcoin’s future</h2>
<p>Despite these short-term bearish signals, Garner remains optimistic in the long term. He points out that the overall market structure remains bullish, with successive highs established recently.</p>
<p>Some market players still hope for a trend reversal by the end of October, traditionally a favorable month for Bitcoin. External factors, such as a potential <a href="https://www.cointribune.com/en/world-china-unveils-its-shock-plan-to-revive-the-economy/" target="_blank" rel="noopener noreferrer nofollow">economic stimulus plan in China</a>, could catalyze a new influx of capital into cryptocurrencies.</p>
<p>Experienced trader Peter Brandt goes further, projecting a Bitcoin price of $135,000 within a year, provided certain crucial support levels are maintained.</p>
<p>As Bitcoin is currently trading around $61,000, the market holds its breath. A <a href="https://www.cointribune.com/en/?p=732416" target="_blank" rel="noopener noreferrer nofollow">possible correction below $50,000 could offer an interesting buying opportunity</a> for long-term investors before a potential bullish rally. In this uncertain context, caution and thorough analysis remain essential for any investor.</p>

The Price Of Bitcoin Under Pressure: An Imminent Drop Below $50,000?

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