$BTC will fall, you will buy at the highs, you will ride on the highs.
🔥 Whales are locking in their profits and Bitcoin is expecting a drop.
1. Strong resistance levels: $65,000 and $70,000 limit growth.
2. Support: Levels $55,000 and $50,000 may intensify the drop if broken. Panic will force many to sell their assets.
3. Indicators: Moving averages (MA) — a possible "death cross" will indicate a downward trend. RSI — close to overbought level, signaling a likely correction.
4. Decrease in volume during uptrends: indicates weakness of bulls.
5. Fibonacci levels: Main support level — $50,000 (0.5), below — $47,000 (0.618).
Conclusion: Without support for growth, there is a high chance of a drop to $50,000.