Dear holders, Now, $BEAT has fallen more than 95%, and in my view, it has entered a phase where the downside could continue with no clear bottom in sight. I cannot find any strong support on the chart, and another 30% drop toward $0.060 is still possible.
For weeks, I have been posting here once a week that BEAT could continue falling and that another 30%+ drop was possible. Unfortunately, most of the response I received was disrespectful. Still, I will continue doing my job.
My job is to share technical and fundamental analysis, even when the conclusion is not what people want to hear.
I would not expect a real recovery or a meaningful comeback from these levels. Of course, BEAT could still make a crazy 150% to 200% move, similar to what we saw with LUNA after its collapse. But a temporary pump like that does not necessarily mean a real recovery or a return to higher price levels.
Sometimes, the hardest analysis to accept is the one that matters most.
For weeks, I have been posting here once a week that BEAT could continue falling and that another 30%+ drop was possible. Unfortunately, most of the response I received was disrespectful. Still, I will continue doing my job.
My job is to share technical and fundamental analysis, even when the conclusion is not what people want to hear.
I would not expect a real recovery or a meaningful comeback from these levels. Of course, BEAT could still make a crazy 150% to 200% move, similar to what we saw with LUNA after its collapse. But a temporary pump like that does not necessarily mean a real recovery or a return to higher price levels.
Sometimes, the hardest analysis to accept is the one that matters most.
