<ul><li>Bitcoin experienced a significant drop to under $60,000 amid a crypto market sell-off triggered by tensions in the Middle East.</li><li>Chart analyst Ali Martinez warns that Bitcoin may continue to decline and could potentially reach $52,000 based on the descending parallel channel pattern.</li><li>Geoff Kendrick, Head of Digital Assets Research at Standard Chartered, suggests that the price dip in Bitcoin should be seen as a buying opportunity, particularly due to the increase in call options open interest for a year-end surge.</li></ul>

Chart Analyst Issues Bitcoin Alert, Says BTC Could Slip To $52,000 Based On This Worrying Price Pattern

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