After #bitcoin returns to anticipated $98,300 area. I then expect an aggressive sell off soon after that will become the first major initiating bear market move.
That move will probably last until around 80k then corrective bounce followed by another continuation down towards 69k and 48k targets.
By this time around 69k many will start to realize that bear market is in effect.
By 48k most will be hopeless, calling for lower prices, blaming the industry or jumping on the latest FUD train. But that will most likely be the bottom and for sure a very good buy for next bull market.
Right now it might seem like the above will not happen but remember before most great storms it's usually quite calm.
If you have another prediction/speculation comment below.
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After #bitcoin returns to anticipated $98,300 area. I then expect an aggressive sell off soon after that will become the first major initiating bear market move.
That move will probably last until around 80k then corrective bounce followed by another continuation down towards 69k and 48k targets.
By this time around 69k many will start to realize that bear market is in effect.
By 48k most will be hopeless, calling for lower prices, blaming the industry or jumping on the latest FUD train. But that will most likely be the bottom and for sure a very good buy for next bull market.
Right now it might seem like the above will not happen but remember before most great storms it's usually quite calm.
If you have another prediction/speculation comment below.
#crypto #cryptobearmarket #cryptocrash #btc