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IS THE "GOLDEN HOUR" FOR A 20% BTC SHORT DROP APPROACHING?
Overview Following my detailed BTC April analysis, which mapped out monthly, daily (D1), and weekly (W) timeframes, I’m now providing a more refined analysis. The previous post offered a broad framework but lacked precision for actionable steps. Today’s focus is: "The Golden Hour for BTC’s SHORT Point – A 20% Value Drop?" Why 20%? - $BTC is in an upward correction phase, moving through two zones: - Zone 1: $80,000 to $88,000. - Zone 2: $81,600 to the current price of ~$85,300. From here, BTC could reach peak zones at: - Zone 1: $87,600. - Zone 2: $88,800. - Zone 3: $92,000. If BTC hits these peaks, a drop to ~$70,000 is possible, marking a 20% decline. For example, a drop from $87,600 to $70,000 is roughly 20%. Current Situation - Current BTC Price: $85,000. - We’re in the second upward wave, nearing the peak zones. This suggests a potential sharp decline ("earthquake and tsunami") could occur soon. Market Impact - Market Cap: A 20% BTC drop could reduce the crypto market cap (currently ~$2-3 trillion) by 15-20%, as BTC comprises 50-60% of the market. - Altcoins: Altcoins may drop more significantly—30-50% for smaller coins, while stronger ones like ETH might fall 20-25%. Conclusion BTC’s upward correction may soon hit a peak at $87,600, $88,800, or $92,000, potentially triggering a 20% drop to $70,000. Watch these levels closely for a SHORT opportunity. Stay prepared!
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