The area around 70K mentioned in the article is also possible, so be prepared.
Post
--
BTB投研-中南
·
--
$BTC has fallen to the point where many people are wondering whether the bull is dead or the bear is back.
Actually, I’ve had this expectation for the current price action all along.
I said earlier that 76 wouldn’t hold because there was too much consensus around that support, and the pullback before the bull market’s main rally began wasn’t deep enough.
We’re now at 73.5, which is already a drop of around 15%. A 20% pullback would put us near 70K, but I still think the floor is somewhere around 72K.
All we need now is a little more patience ❤️
Actually, I’ve had this expectation for the current price action all along.
I said earlier that 76 wouldn’t hold because there was too much consensus around that support, and the pullback before the bull market’s main rally began wasn’t deep enough.
We’re now at 73.5, which is already a drop of around 15%. A 20% pullback would put us near 70K, but I still think the floor is somewhere around 72K.
All we need now is a little more patience ❤️