Market Sentiment and Price Action: Bitcoin is currently navigating a period of "extreme fear" as the market corrects from its previous all-time highs. Currently trading around $67,500, the digital asset has faced significant downward pressure due to global macroeconomic uncertainty. Investors are closely watching the $60,000 support level to see if the current rout will stabilize or deepen further in the coming weeks. $BTC #GateSquare$50KRedPacketGiveaway #CelebratingNewYearOnGateSquare
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Market Sentiment and Price Action: Bitcoin is currently navigating a period of "extreme fear" as the market corrects from its previous all-time highs. Currently trading around $67,500, the digital asset has faced significant downward pressure due to global macroeconomic uncertainty. Investors are closely watching the $60,000 support level to see if the current rout will stabilize or deepen further in the coming weeks. $BTC #GateSquare$50KRedPacketGiveaway #CelebratingNewYearOnGateSquare