Some people saying #BTC need to get down to $50-$54k even some say to $49k for liquidating buying positions but my logic saying different

Its more needed for BTC for liquidating selling positions so it can gain higher price because in every bearish moment will creating new selling resistances which can prevent BTC to move higher easily

As you can see by your self now, today BTC seem hard to by passing $70500 but yesterday its move around $70000 to $70900 with easy but hard to breakthrough $71500

This logic also work for other coins too specially coins with high volatility which means the coins not have solid community just like #FLOKI #PEPE and #BOME

So if someone trying to give you FEAR by telling you that BTC need to get down for liquidating buying positions, just tell them bullshit

Crypto is just a market where supply and demand performed with buying and selling for taking profits

Always REMEMBER, GREED and FEAR is the most enemy for every traders, keep thinking rationally

God bless