Yesterday, I published an article analyzing the current situation in the Bitcoin market, making two key predictions. Today's charts confirm that my forecasts were accurate. Let's take a closer look at what happened and what to expect next.

Yesterday's Prediction

In my article yesterday, I highlighted two important psychological levels for Bitcoin. I predicted that the price would go down, break the first level, and then continue falling to reach the second, lower level.

What Happened Today

Today, we observed that the Bitcoin price indeed went down, breaking the first psychological level and continuing its decline past the second level, as predicted. This confirms my theory of the current market volatility and strengthens my confidence in further declines.

Red curved line - is prediction

Reasons for the Decline

The main reasons for today's decline include:

  • Increased regulatory pressure on the cryptocurrency market in various countries.

  • Rising inflation expectations, leading investors to seek more stable assets.

  • Overall global economic instability, causing concerns among market participants.

Congratulations on Your Profit

If you followed my advice to buy SHORT contracts, I congratulate you on a good profit! Your trust and timely actions have paid off. I will continue to bring you news and analysis on Bitcoin prices.

Conclusion

My predictions from yesterday have been confirmed, and the Bitcoin price continued to decline. We will keep observing the developments and share relevant analytical data with you.

Stay tuned and follow our updates on Binance Square!

Hashtags

#BTC #CryptoTrends #MarketForecast #InvestmentTips #MarketDownturn