THE GREAT DEPRESSION OF SATOSHI,s BITCOIN.

Three weeks on a row, $BTC has been on down spiral following the great rejection bar which appeared earlier at $73k.

But because most tokens ledgers are derivations of that of Bitcoin, a little percentage move on the $BTC prices will surely send resonance across the general crypro markets.

And so a wise technical analyst will start his work on other coins right by first answering major questions on Bitcoins future price.

From the start of the last Bull run, BTC picked from $16k and meanders its way aggressively first to $30k and then to $50k. In-between of that first move are piles of notable whale entry like Ellon Musk. After jumping in at $45k, the coin has gained further bull strenght in search of its historical high.

At the moment, BTC is back here at $57k , after achieving a major breakthrough by retesting and pushing above $69k further to $73k.

Where is Bitcoin going from now?

Analysts at ThrivalBase have a mixed perspective as to the exact path it will take. Some believed their will be a minor retracement of the downward move from 57k back to 63k before going back down, others believed the bear energy is soo strong and will not allow for such bogus retracement,

However in all, the consensus remains that Bitcoin will (anyhow)crash further to $45k, the exact point of Ellon Musk entry, which corresponds to the 50% retracement of the earlier bullish move.

#BTC☀ #ElSalvadors #ETH_ETFs_Approval_Predictions #LayerZero #Thrivalbase