Launch Pass is a product NFT that unlocks your profile and the advanced features on [Launchcaster](https://www.launchcaster.xyz)

Art by [@Bias on Farcaster](farcaster://profiles/1355) / mendicantbias.xyz

Launch Pass by Launchcaster

Bitcoin's recent pullback has sparked concerns about a potential bear market. However, a closer look at the charts reveals a classic reversal pattern forming, with the 50-day moving average serving as a strong support level. If this pattern plays out, we could see a significant bounce back in the coming days.