โš ๏ธ #Bitcoin Faces Potential Correction โ€“ Will Support Hold?


$BTC is holding at $95K, but signs of overvaluation could trigger a drop to $92K if support fails. ๐Ÿ“‰


๐Ÿ” Key Risk Factors:

๐Ÿšจ NVT Ratio at 5-Month High โ€“ Bitcoinโ€™s price may be outpacing network activity.

๐Ÿ˜ฌ Fear & Greed Index Near "Greed" โ€“ Over-optimism could lead to profit-taking.


๐Ÿ“Š BTC Price Outlook:

โœ… Bullish Scenario: Holds $95,869, rebounds to $98,212.

โŒ Bearish Scenario: Drops to $93,625โ€“$92,005 if support breaks.


Is Bitcoin due for a dip or ready for another rally? Comment below! ๐Ÿ‘‡๐Ÿ”ฅ #BTC Price Analysis#

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February 17, 2025 at 10:08 AM
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