I flipped bearish on $BTC around $91k when we discussed that fake-out above $95k. Since then, I’ve been continuously sharing my thoughts on Bitcoin. When Bitcoin dropped below $85k, I said that acceptance below this zone wouldn’t be good for the bulls.
Bitcoin is down over 20% since then.
Price is now approaching a key high-timeframe zone. The reason price is failing to bounce is that this move down is being driven by spot selling, not perp liquidations. A slow bleed to the downside usually ends with a cascade of liquidations, and that’s when price tends to give a strong relief bounce.
That being said, this is a good zone on the chart.
I followed him during 2023-2024 and lost a lot. He post both rise and fall and when market reacts either way he’s again posting I told you guys bla bla bla
PROFESSOR MIKE OFFiCIAL
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Bearish
$BNB Momentum Fading, Bears Regaining Control
$BNB is struggling to hold its recent recovery, showing exhaustion near the $1,100 zone. Sellers are starting to dominate again as the price fails to maintain bullish structure. A breakdown below $1,080 could trigger further decline toward key support levels.
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