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Trader Issues Urgent Bitcoin Alert, Says BTC Will Start ‘Looking Really Bad’ if Critical Support Level Crumbles

A cryptocurrency analyst known as DonAlt is warning that Bitcoin may experience a significant drop if it fails to maintain its support level. He suggests that if Bitcoin falls below $80,000, a bearish trend may continue. However, he believes that if Bitcoin can regain support at $98,000 on the weekly chart, it has the potential to initiate a new bull rally. Currently, Bitcoin is trading at $92,483, representing a 2.5% decrease over the last 24 hours.

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