$BTC Could Bitcoin really crash to $30K or $40K? Many people are still waiting!
It’s been 24 days since the 87,395 high, and the maximum drop has been just 8%. This is essentially a weekly-chart pullback, not a major trend reversal.
Last night, the price quickly bounced back after testing 79,800, and support held.
Two possible scenarios from here: Scenario 1: This is just a recovery bounce. Afterward, the market continues to move sideways and build a base, with the correction lasting until late October or early November. 82,600–82,800 is strong resistance; the price needs to hold above it for a bullish rebound outlook.
Scenario 2: 79,800 was the bottom, and a new rally is underway—but there still aren’t enough signals to confirm this.
Many people hoping for a crash simply missed the previous big rally and are set on waiting for a super-low bottom. But the market doesn’t follow people’s emotions, and stubbornly waiting for an extreme low can easily mean missing the move.
👉If the price gets rejected at 82,600, where is the next support below? 点击进入聊天室 breaks it down
@墩姐暴力带单 #澳大利亚提议加密交易申报法案
It’s been 24 days since the 87,395 high, and the maximum drop has been just 8%. This is essentially a weekly-chart pullback, not a major trend reversal.
Last night, the price quickly bounced back after testing 79,800, and support held.
Two possible scenarios from here: Scenario 1: This is just a recovery bounce. Afterward, the market continues to move sideways and build a base, with the correction lasting until late October or early November. 82,600–82,800 is strong resistance; the price needs to hold above it for a bullish rebound outlook.
Scenario 2: 79,800 was the bottom, and a new rally is underway—but there still aren’t enough signals to confirm this.
Many people hoping for a crash simply missed the previous big rally and are set on waiting for a super-low bottom. But the market doesn’t follow people’s emotions, and stubbornly waiting for an extreme low can easily mean missing the move.
👉If the price gets rejected at 82,600, where is the next support below? 点击进入聊天室 breaks it down
@墩姐暴力带单 #澳大利亚提议加密交易申报法案