(Bad news)
Friends, you understand how much I hate to cause you pain, but I must in order to keep the truth as it is.
And now there are two realities.
First, as I have previously predicted, the cryptocurrency market will decline after Bitcoin breaches the significant resistance level at $59,000 for $BTC.
I set a minimum downside target of $53,000. That was excellent news as well.
The bad news is that I had anticipated that bitcoin would drop to $45,000, which is a fantastic level that is not essential to the market and will help it recover and gain more strength.
However, I'm now witnessing a build-up of pessimism and discussions about a significant drop in bitcoin to 40/30/20k.
Since the market frequently moves against the herd, it's possible that we could rise slightly to offset this pessimistic sentiment before plunging all the way to $53,000.
There will be a fall in any case, though it might hit you in the balls more forcefully than I anticipated.
Don't let the calm in the market fool you; the roller coaster is still coming. Be patient and strong, friends.
