I Admit It, I Was Wrong But... Bitcoin Going Below $40,000 Next!

Only one question remains, how far down will it go?

The 2024 Bitcoin Capitulation event is basically confirmed, it is getting very close now but, we have one question, still one more... How far down will it go?

Yes! I said Bitcoin would crash late September with a specific date of 17-21 September.

I was wrong. But, it is still going to crash. Say the crash starts on the 27-29 of September... So that is a delay of 10 days... It is only a few days; literally, can't be 100% exact and it is still the same month, September.

Anyway, the bearish bias has not been nullified.The bullish potential has been exhausted.

👉 Bitcoin is going down.

We have mainly two levels to consider, the 2023 long-term accumulation range, which sits around $26,000 and $32,000 and the January 2024 "baseline" level, which sits around $40,000.

The latter, $40,000, is the easy target and sure to hit. The former, the 2023 accumulation range, we have to wait and see.

#moonbix #NeiroOnBinance #CATIonBinance #FOMC U.S.PCIUp 0.1%