$BTC Collapse now?
Bitcoin price may correct and retest strong liquidity zones around $45k, but medium and long-term outlook remains positive
- Trends for Next Week Adjustment possibility:
After recent growth spurts, Bitcoin could go through a correction period. This could cause the price to retest support levels near $65k. Trading volume: There will be a spike in trading volume as the price approaches the $65k area, as investors take advantage of the buying entered at the price of 60k.
Market Sentiment: Fear and uncertainty may cause prices to fluctuate wildly in the short term, but the long-term trend remains optimistic thanks to fundamentals such as cryptocurrency market growth and adoption. increasingly widely accepted.
$70k zone: This is a strong resistance zone. Historically, when the Bitcoin price approaches this level, there is usually an increase in trading volume and selling pressure, making it difficult for the price to surpass this level in the short term.
Zone 45k$BTC 55k$: This is an important support zone. When the price drops to this level, there are often many buy orders, helping to push the price back up and create a solid foundation for further growth. But until the motivation for it to increase is exhausted, it needs to decrease