Can $BTC really crash to $70K this week? ⁉️
Many people are comparing the current situation with the October 10 crash and trying to create panic.
But for now, BTC has once again been rejected from $88K, and volume has started to drop. Remember, BTC has already faced rejection at this level 8 times before.
The market is still very weak. Yes, $BTC could easily crash to $78K this week, but a drop to $70K doesn’t look possible for now.
According to the chart, I can say only one thing in one word:
The situation is WORST.
Many people are comparing the current situation with the October 10 crash and trying to create panic.
But for now, BTC has once again been rejected from $88K, and volume has started to drop. Remember, BTC has already faced rejection at this level 8 times before.
The market is still very weak. Yes, $BTC could easily crash to $78K this week, but a drop to $70K doesn’t look possible for now.
According to the chart, I can say only one thing in one word:
The situation is WORST.