Today Bitcoin breaks below last years support, things will get worse in the short-term.
We can see the level that held back in May/June/July last year, has failed, we have the highest volume daily since May 2021 when a similar correction was taking place.
The next target is set on the price range $23,000 to $24,000 and $20,000 to $22,222.
We have no support around $27, $26, $25K...
We knew this was coming.
We know that the market will recover once we are over with the bear run.
Be patient, many opportunities will develop once Bitcoin sets a low.
Namaste.
We can see the level that held back in May/June/July last year, has failed, we have the highest volume daily since May 2021 when a similar correction was taking place.
The next target is set on the price range $23,000 to $24,000 and $20,000 to $22,222.
We have no support around $27, $26, $25K...
We knew this was coming.
We know that the market will recover once we are over with the bear run.
Be patient, many opportunities will develop once Bitcoin sets a low.
Namaste.
Comment:
Tether Treasury just burned 3 billion USDT (3,000,000,000 USD).
I guess we have more downside before the bear run is over.
I guess we have more downside before the bear run is over.
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The first price range has been activated.
Massive volatility now is on.