🔸 It is looking scary if $BTC crash up to $58K. But it is going to happen in my opinion. Here is full detail when and why it will happen? Let's start discussing:-
🔸 A day ago we shared a detailed article about #BTC走势分析 and mentioned that BTC can drop up to $76K and we will buy there. Same thing is going to happen that BTC will drop but we will not buy there and wait for bullish reversal on 1D TF before buying.
🔸 The reason of mentioning #bitcoin will drop to $58K is that when BTC will drop to $75K and market will stabilize there retailers who bought at $90K, $100K will start panic selling that can cause more drop up to $65K -$70K even $58K is possible.
🔸 Most of the time we mention buy at this or that price when #BTC☀️ is dropping but this time we will not suggest to buy until we get bullish reversal on 1D TF.
🔸 If we look technically BTC will drop up to $76K that we have already explained in last article with detail. But we have not much stronger support there so it can slip and drop up to $60K zone.
🔸 Also Jerome Powell hinted interest rate pause due to of #TRUMP administration decisions.
🔸 With technical fundamental sentiments also turning bearish. All these things combinedly turned market into bearish waves.
🔸 In short if I tell you what I will do is that if there is any upward move I will take exit and will try to hold 95%++ in stable coins and will wait for $76K zone before looking for any coin buying in spot.
🔸 Right now you have just to sell and hold stable coins and wait for our buying call.
🔸 If you find this article helpful then do not forget to like and share your opinion in comment section. NFA Dyor