Yesterday, I posted an article warning about an impending dump in Bitcoin’s price, and I was met with skepticism and even jokes from some who didn’t believe a downturn was on the horizon.
But the data continues to support my prediction...
However, the chart attached below tells a different story, one that I believe is unfolding as we speak.
As seen in the updated chart, Bitcoin's price action is following the anticipated downward trajectory. The resistance level around $62,000 has held firm, and the lack of strong bullish momentum indicates that the bears are still in control.
The RSI (Relative Strength Index) also reflects weakening strength in the upward moves, suggesting that a more significant drop is imminent.
🔥👉But Now BTC will touch 54k -- 55k and even more Bottom.
💥For those who doubted, this is a crucial moment to consider the technical signals rather than getting caught up in market optimism. The warning signs are there, and experienced traders understand the importance of preparing for all market outcomes.
💦💦This is not about fear-mongering but about being realistic and strategic. I stand by my analysis that a big dump is on its way. If this descending triangle breaks down, we could see a swift move to the lower levels I mentioned today and yesterday.
🔥🔥As always, it's vital to stay informed and protect your investments. The market can be ruthless, and it's better to be safe than sorry. For those who mocked the possibility of a downturn, this could be a wake-up call to the unpredictability of the crypto market.
👉Remember: Secure your funds, stay alert, and don’t let market sentiment blind you to the technical realities.
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💥Share for the Sake of Humanity.... To Avoid from Loss everyone.. thanks
#MarketDownturn #bigDumpComing #HighAlert #Marketsentimentstoday #MarketDump
