Congratulations on profiting from shorting bitcoin—the real show is yet to come!
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According to CoinWorld, bitcoin's recent minor rebound has been overshadowed by previous significant declines, indicating that its weak trend continues and there is potential for further drops. The next support level is around $60,000, and it could fall to $50,000. This weakness, combined with the sharp declines in silver and mining stocks, mirrors the stock market trends of 2008, suggesting that if the artificial intelligence bubble bursts, the market could experience a broader downturn. The S&P 500 may face a significant correction, potentially dropping to around 5,500 points.
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