#Bitcoin is trading at a decisive point. If this support level breaks, we could drop all the way down to 52k. The trend has shifted bearish, but don't forget that Bitcoin is known for making deviations.
Historically, May tends to be a negative month for BTC in terms of returns, and we're already seeing the effects within the first two days. Let's see how this week unfolds. Keep a close watch on the trendline support.
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