[Bitcoin May Fall Further – Wait Before You Buy!]
Bitcoin’s price is dropping, and big banks and institutions may be behind it, pushing prices down during the holidays. So far, Bitcoin has fallen 15%, and some altcoins have dropped up to 70%.
Although Bitcoin recently bounced from $92k to $99k, this is likely just a short-term recovery. Experts believe the price will drop further based on Elliott Wave analysis. Bitcoin is now in a corrective phase, with the next target expected around $85k.
Charts show an important price gap at $85k that hasn’t been tested yet. This level is also supported by Fibonacci tools, making it a key point to watch.
Be patient and wait for Bitcoin to reach $85k before buying. Stay informed and trade wisely.
Disclaimer: DYOR, NFA, and always use proper risk management! This is for educational purposes only!
