5 Things to know in Bitcoin this week:

📉 Bitcoin's price is facing pressure, with predictions indicating a potential drop to $50,000 as traders prepare for lower support levels.

🇺🇸 All eyes are on the U.S. Federal Reserve's Jackson Hole symposium this week, where markets await cues on interest rate cuts.

⚡️ Bitcoin miners have paused their sales, with reserves stabilizing despite recent price drops.

📊 Bitcoin's market dominance is slipping, suggesting a possible altcoin rally as dominance retreats from recent highs.

😟 Sentiment remains bearish, with Bitcoin trading below its 200-day moving average, signaling caution among traders.

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It's time for us to buy as much as possible, wait 1 year later, there is a possibility that the price will return to $6200.
408 $degen