<ul><li>Bitcoin price is plunging as it loses crucial support at $64,000.</li><li>Despite the bearish trend, BTC's plan remains unchanged to break out of the downtrend channel and start a parabolic run.</li><li>The current rally resembles the pre-2021 phase, indicating a potential rebound after consolidation.</li><li>Market participants believe in a bull market with a price target of $100,000 due to rate cuts, liquidity injections, and seasonality.</li></ul>

Bitcoin Price is Plunging: Here’s How it May Reach $75,000 in October 2024

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