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💬 Stay clear-headed in a bull market, calm in a bear market.
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Banmuxia: Bitcoin may first dip to $94,500 before entering a complex oscillation market, with the final bottom around $84,000.
On November 5, Chinese encryption analyst Banmuxia stated, “Regarding Bitcoin, there are still many people underestimating the complexity of the upcoming market situation. I believe that this small Bear Market will most likely end around $84,000, which doesn't mean it will continuously and smoothly fall to $84,000. This time it will likely be a complex horizontal adjustment. Currently, it seems that there might be a slight fall to around $94,500, and then it will likely enter an exceptionally complex oscillation market, with rebounds potentially reaching above $116,000, before gradually falling back to the $84,000 and below 6-8% range.”