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Bitcoin Nears Critical Bull Market Support After 10% Plunge—Is This The Ultimate Buying Opportunity?

Bitcoin Nears Critical Bull Market Support After 10% Plunge—Is This The Ultimate Buying Opportunity?

Author:
CoindeskEN
Published:
2025-08-20 11:52:26
7
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Bitcoin Approaching Key Bull Market Support Amid 10% Correction

Bitcoin's brutal 10% correction tests key historical support levels—and the entire market holds its breath.

Support or surrender?

The king of crypto dances dangerously close to its bull market lifeline. Every trader’s screen flashes red as Bitcoin bleeds out—dropping a sharp 10% in a gut-wrenching slide. This isn’t just a dip; it’s a stress test for believer portfolios and a feast for shorts.

Where’s the bottom?

History whispers from the charts. Key support zones that previously launched parabolic rallies now loom below. Break that, and sentiment shatters. Hold it, and we’re off to the races—again. Retail panics. Whales accumulate. Same old script, just a different act.

And of course, Wall Street geniuses who called Bitcoin 'digital garbage' at $3k are now quietly DCA-ing while CNBC warns about volatility. Classic.

Time to fade the fear—or get rekt.

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