$SOL #MarketSentimentToday $BTC $ETH

The cryptocurrency market is bracing for a short-term downturn, i am predicting a bearish trend in the coming days. This volatility is nothing new in the crypto space, but it's essential to be prepared for potential price fluctuations.

As investors and my followers, it's crucial to stay informed and up-to-date on market trends, news, and analysis to make informed decisions. Keep a close eye on market indicators, technical analysis, and my insights to navigate this dynamic landscape.

Remember, the crypto market can shift rapidly, and being proactive is key to maximizing your investments This bearish moment is only for a short period of time, after that i am hoping a wave of bull 💹. Stay tuned for updates, news, and predictions to stay ahead of the curve.

#BTC☀ update:

Hitting $71,000 will trigger the liquidation of around $2 billion in short positions.

BIAS: 

Mid-Term: BULLISH

Short-Term: BULLISH

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As expected the price action of #BTC☀️ bounced back accordingly as i expected.

Currently, the price action has broken down its horizontal support level which is marked between the $68,905 to $68,098 level.

If the price action closes below its support level, we will see the drop in the price action of #BTC☀️

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MAIN INTEREST LEVELS 

⬇️SHORT⬇️ 

$70,692

⬆️LONG⬆️

$68,271 

PREDICTED DAILY RANGE

$73,937 to $62,994

Every five years, very old coins begin to move. In this cycle, there was a historical peak at 0.37.

This has little impact on the market, it simply means that old holders receive cash every five years for waiting.