đš IS THIS THE FINAL SHAKEOUT BEFORE $100K? đš
The "experts" are calling for a Crypto Winter, but history tells a different story. đ BTC just hit $66,500, and the RSI is at 18âthe most oversold we've seen since the 2020 crash.
While the paper hands are panic selling, the "smart money" is watching the 200-week EMA at $68,000. We are currently in deep capitulation mode. Remember: The best time to buy is when there's blood in the streets. đ©ž
Why itâs dropping:
Fed Chair nominee Kevin Warsh's hawkish tone đïž
Global tech stock sell-off (Nasdaq rout) đ»
Massive $775M liquidations in 24 hours âĄ
The Rebound Plan: If we reclaim $71k, the path to $75k is wide open. If we lose $66k, we might see a "generational bottom" at $50k.
Poll for you: 1ïžâŁ Rebound starts NOW.
2ïžâŁ Dropping to $50k first.
3ïžâŁ Moving to Altcoins.
#TradingStrategy #BinanceSquare #TechnicalAnalysis #BTCUpdate
#whenwillbtcrebound
The "experts" are calling for a Crypto Winter, but history tells a different story. đ BTC just hit $66,500, and the RSI is at 18âthe most oversold we've seen since the 2020 crash.
While the paper hands are panic selling, the "smart money" is watching the 200-week EMA at $68,000. We are currently in deep capitulation mode. Remember: The best time to buy is when there's blood in the streets. đ©ž
Why itâs dropping:
Fed Chair nominee Kevin Warsh's hawkish tone đïž
Global tech stock sell-off (Nasdaq rout) đ»
Massive $775M liquidations in 24 hours âĄ
The Rebound Plan: If we reclaim $71k, the path to $75k is wide open. If we lose $66k, we might see a "generational bottom" at $50k.
Poll for you: 1ïžâŁ Rebound starts NOW.
2ïžâŁ Dropping to $50k first.
3ïžâŁ Moving to Altcoins.
#TradingStrategy #BinanceSquare #TechnicalAnalysis #BTCUpdate
#whenwillbtcrebound