đš Update BTC on April 13, 2024
In just 12 hours, we have witnessed BTC fall from 70,800 to 65,100 and is currently maintaining at $66,449.
đ Judging from the actual situation, BTC is very bad, literally extremely bad. Topic frames are being dominated by sellers.
đ But I have already warned about this Panic Sell. For BTC, it is very light, but for Altcoin, it has a 20-50% decrease in value after just one day.
đ Much of it is also based on the fact that the actual value of the coins is pushed up too high compared to the actual value of BTC, so the price and the level of decline have such a large difference.
đ BTC is likely to retest the 67,300-67,700 zone and then will be able to deeply reduce the price to the 63,400-63,800 zone in the next 1-3 days.
đ A positive perspective is that if BTC bounces up with the candlestick overwhelmingly sinking in the H4 frame and closing above 67,800, we will have a chance for Altcoin to recover. Otherwise, the official adjustment period with Altcoin has already begun. Please hold on to your #BTC coin right now, after the halving period, the increase may rarely exceed 80,000$BTC
