As I mentioned in my previous post on $BTC , the resistance zone at the $99K - $102K price range caused a sharp drop. If this is not just a temporary pullback, which seems to be the case right now, it is very possible that we will see new lows in $BTC . In this post where I answered the question of where the bottom will be, I am revising the target from 85K to $87500 in light of recent price movements.
If this is just a pullback, it should find support at or above the 95K level and break the resistance zone upwards with considerable momentum.
