$BTC
The bleeding is so severe that even the market itself can't absorb the amount of liquidity flowing out.
- All support levels have broken, and we've officially hit bottom. Further declines are possible due to fear.
But a rise in cryptocurrencies is only a matter of time, because if the market starts rising again, the recovery will be very strong.
- Will the decline continue? It could fall to $60,000. If it breaks that level, then say goodbye to Bitcoin—we'll officially see it drop to much lower levels, unfortunately.
The bleeding is so severe that even the market itself can't absorb the amount of liquidity flowing out.
- All support levels have broken, and we've officially hit bottom. Further declines are possible due to fear.
But a rise in cryptocurrencies is only a matter of time, because if the market starts rising again, the recovery will be very strong.
- Will the decline continue? It could fall to $60,000. If it breaks that level, then say goodbye to Bitcoin—we'll officially see it drop to much lower levels, unfortunately.
