Simply Understand Why You Shouldn't Be Afraid Of Bear Markets
Some investors get very scared of bear markets, due to which they destroy their invested capital. If you are very afraid of bear markets, then now you do not need to be afraid at all. In a simple way, today you understand why you should not be afraid of bear markets.
What happens if you sell your invested cryptocurrencies for a profit at each of their respective all-time highs during a bull market? You become very happy as a result of the fact that you have made some huge profits. What you don't consider, on the other hand, is the buyer on the other end of your trade who has purchased an all-time high. When you celebrate, what will the buyer do? Should he be afraid to buy on top? That hardly ever happens.
Perhaps at one point, when you bought into your position, you stood like that buyer. You may have bought the top of 2018 without your knowledge, but after that, you made a good profit during the market boom and managed to sell it for a profit. What we can conclude from this scenario is that while the current conditions may be tough and bad, if you are patient and disciplined, you will definitely get your profit.
It is astonishing how many people have complained of losing money on cryptocurrencies in recent months. If you have made some risky decision or succumbed to FOMO and bet your house or all your savings on it, you have to accept the responsibility. Bear markets are not a new phenomenon. The bear market is very popular, and as everyone knows about it, Bitcoin has collapsed several times in the past. The old adage "It's not about timing the market, it's about how much time you spend in the market" applies equally to cryptocurrency.
So, if you look at the past few weeks, it may seem like this crypto market is going down and I'm losing money. You might find that frightening. But if you go back far enough, the cryptocurrency market is still on the rise.
Did you know this is not the first and worst bear market?
Bear Market of June 2011: 99% dump
Bitcoin rose from $2 in 2011 to over $32, the equivalent of an ounce of silver. Then after that, Bitcoin went down. The world's largest bitcoin exchange, Mount Gox, admitted on June 19 that hackers had accessed multiple accounts and stole millions of dollars in bitcoin. In just one day, the value of Bitcoin fell by one cent.
Bear Market of August 2012: 56% dump
In August 2012, the community discovered that a traditional Ponzi scam modified for the digital age had been duping cryptocurrency investors for months. The perpetrators, eventually charged, convicted, fined, and imprisoned, had fraudulently taken 700,000 bitcoins, promising an astonishing profit of 7 percent monthly interest.
Bear Market of April 2013: 83% dump
Bitcoin itself became a victim of its own success in 2013, as investors raced to take advantage of the exciting new possibilities spreading across the mainstream media. Trading traffic had grown so much that Mt. Gox could not handle it and continue, and when it crashed, hackers took advantage of the vulnerability. This caused an unprecedented outright shutdown of Mount Gox, dropping prices from about $260 to $50.
Bear Market of December 2013: 50% dump
When China banned Bitcoin in late 2013, there was a sudden panic, and its value halved overnight. China's relationship with cryptocurrencies remains volatile, with authorities regularly enforcing new sanctions.
Bear market of December 2017 and December 2018: 84% dump
2017 was a landmark year for the cryptocurrency market. In 2017, bitcoin broke all its records and reached a high of $20,000. Then, on December 27th, everything fell apart as speculators apparently cashed in on a bubble that took the price below $12,000. The cryptocurrency will continue to fall throughout 2018, as major hacks in Korea and Japan, as well as rumors that the two countries are preparing to outlaw bitcoin, have again caused much panic in the market and sent apprehensive investors fleeing.
Bear Market of March 2020: 50% dump
Even the epidemic did not spare bitcoin. People started withdrawing their money from their trading accounts at such a rapid rate that there was a lot of panic all over the world, and when the market fell in March 2020, the bitcoin market crashed even more. The value of bitcoin fell 50% in just 2 days. Over the course of a month, it fell from above $10,000 in February to below $4,000 in March.
Bear Market of May 2021: 53% dump
In April 2021, the price of one bitcoin was approximately $64,000. Then, in a week, $1 trillion was wiped out from the crypto market. Major hacks in Korea and Japan, as well as some countries' governments preparing to outlaw cryptocurrency, prompted investors to leave. First, Elon Musk relinquished his commitment to accept Bitcoin as payment for Tesla vehicles. Then China announced another cryptocurrency crackdown. Finally, the public became aware of the environmental impact of Bitcoin mining, leaving crypto investors in a familiar position: at the mercy of factors beyond their control.
Some new investors are too scared of a potential bear market. Those who have seen several market cycles know that there is always a bull market followed by a bear market, and with some expertise under their belt, they are ready for a buying frenzy. . And, contrary to popular belief, bear markets usually offer some great buying opportunities.
The cryptocurrency market is usually volatile, which brings great profits to investors but also losses to them. They are also significantly influenced by waves of FUD and FOMO, which can cause unpredictable price swings, times of cascading loss, and moments of stratospheric growth.
This creates good prospects for knowledgeable traders who can more easily identify and take advantage of trends in the market structure, as well as take advantage of the often predictable market volatility due to changes in supply and demand.
Don't be afraid of the bear market; use this opportunity to develop a solid strategy.
Often we get very scared of the bear market. Here we should follow some steps that help us a lot in the bear market.
Research why the market is dropping.
You must know why the prices of your invested assets are falling. Is it because of the bear market? If yes, then you should research what the reason for this bear market is. You came to know that the bear market has come because of this, and after a few weeks, the investment in the crypto market will increase. The bull market will come after the bear market. But if something has changed fundamentally, like a security incident, and you no longer trust a certain project, that's a different issue.
Let's say you buy a cryptocurrency because you think the underlying blockchain technology will replace a certain sector. Rumors that quantum computing breakthroughs have made that technology obsolete have caused the price to drop. If such reports are accurate, it may be time to reconsider your investments; your argument may no longer be valid.
Don’t panic-sell
Many investors get scared when the value of their cryptocurrency investment falls, so they start selling their holdings to cut their losses or if they think they will lose more. However, this often means that you sell short and miss out on any subsequent rebounds.
Let's say you notice that the price of Bitcoin has dropped by 25% and you decide to sell your holdings. What if the price suddenly returns to its former level? You have lost 25% and may be hesitant to buy it back.
In the short term, you never know what prices will do. might keep falling; they could also grow quickly. So put your faith in your fundamental research and investing theory. If you believe in the long-term potential of your cryptocurrency investments, you should be optimistic that the price will rally.
Always consider the market dip and take advantage of it.
Often, people talk a lot about buying at lowes and selling at highs, but it is almost impossible to keep the market this way. This is why many people opt for a long-term investment strategy: If you only research assets that you believe will perform well in the next five to ten years, short-term price changes are not a concern. They are only there for a while.
On the other side, a significant drop could present an opportunity to acquire more of your favorite tokens at a lower price. For example, maybe you've had tokens in your watchlist for a long time and are awaiting the right moment to purchase them. If you believe that they have significant long-term potential, you may want to acquire more exclusive tokens already.
However, don't fall into the trap of panic shopping. Avoid investing in some useless crypto that you haven't researched and really don't want because it's on sale. It's also not a smart idea to spend the money needed to meet other financial goals (or worse, borrow money) to buy the dip. Crypto investing remains unpredictable, and there are many unknowns, especially in the form of the potential for greater regulation. You can try to buy dips only to see prices fall further.
Enhance Your Investing Skills: Learn Technical Analysis
Could your next investment decision be based on cold, hard data instead of guesswork? Technical analysis turns market chaos into actionable strategies. It helps traders spot trends and opportunities hidden in price movements. This guide shows how learn technical analysis transforms random choices into disciplined decisions. Whether you trade stocks in Mumbai or follow global markets, technical analysis cuts through emotions. It uses charts, patterns, and indicators to decode where prices might go next—no crystal balls required. This article reveals how even beginners can master these tools to build a smarter investment approach. From candlesticks to trendlines, you’ll discover why professionals rely on these methods. India’s booming markets make technical analysis critical for staying ahead. Let’s start by breaking down its basics and why it matters more than ever in today’s fast-paced trading world. What Is Technical Analysis and Why It Matters Technical analysis helps predict future trends by studying price movements. It uses charts and indicators to find patterns. This is key for stock market analysis. It helps traders in Mumbai or New York find hidden opportunities in historical data. The Science Behind Chart Reading Charts turn raw data into stories. Analysts look at: Support/resistance levels where prices reverseCandlestick formations signaling trend shiftsVolume patterns confirming price moves Technical vs Fundamental Analysis AspectTechnical AnalysisFundamental AnalysisData FocusPrice/volume historyFinancial reportsTimeframeShort to medium termLong-term valuationApplicationIdentify entry/exit pointsAssess company health History and Evolution of Technical Analysis Technical analysis started in 18th-century Japan with rice trading. It evolved into modern tools. In the 1900s, Western traders combined it with statistical models. Today, algorithms analyze real-time data, helping traders in India’s NSE and BSE markets. Learning technical analysis helps traders understand market signals. It's useful for analyzing Nifty 50 stocks or global indices. Start learn technical analysis to make better decisions. Getting Started: Essential Tools for Technical Analysis Start your technical analysis journey with the right tools. Whether you trade stocks, forex, or cryptocurrencies, the right software and resources are key. Here’s how to set up a system that fits your goals and budget. Choosing the Right Charting Software Popular platforms like TradingView, MetaTrader, and Amibroker offer a range of features. For Indian traders, TradingView’s free plan includes real-time Indian stock data and customizable charts. MetaTrader is great for forex, integrating with brokers. Amibroker is for advanced users with scripting capabilities. Choose platforms that match your market focus and budget. Setting Up Your Trading Workspace Use multi-timeframe charts (e.g., 1-hour and daily) to spot trends and entry points.Arrange indicators like RSI and moving averages in fixed locations for quick analysis.Organize your screen: 50% for price charts, 25% for news feeds, and 25% for watchlists. Free vs Paid Technical Analysis Resources Free resources like YouTube tutorials and TradingView’s community insights are great starting points. Paid options, such as online trading education platforms like Udemy or Coursera courses, offer structured learning. Many traders combine free tools with a technical analysis course for deeper insights. Even basic tools like Excel can improve your skills without upfront costs. Understanding Price Action: The Core of Technical Analysis Price action trading is at the heart of technical analysis. Each price bar on a chart tells a story of buyer and seller battles. Traders use these patterns to predict future price movements, making it key for trading strategies. Identifying trends is a big part of it. Uptrends have higher highs and lows, while downtrends do the opposite. Support and resistance levels are like price barriers, seen through repeated price reactions. Breakouts signal trend changes, but fakeouts need careful confirmation. Indian markets show this in action. Look at the Nifty or Bank Nifty charts: support levels stop declines, and resistance zones cap rallies. Traders use these patterns for both short and long-term trades, adapting to local market volatility. Success in price action trading comes from studying raw price movements. It's important to focus on price alone before adding indicators. Practice with historical data to spot patterns fast. This skill helps you see meaningful moves from random noise, a must before moving to candlestick patterns or indicators. Mastering Candlestick Patterns for Better Trade Entries Candlestick patterns are key tools in stock market analysis. They give traders visual clues about price movements and market mood. These patterns, from 18th-century Japanese rice trading, reveal market psychology through simple visuals. Learning them helps spot high-probability trade setups. Japanese Candlestick Basics Each candlestick shows four important price points: open, close, high, and low. The body (rectangle) shows the price range between open and close. Shadows (wicks) extend from the body to show daily highs/lows. Bullish candles (green) show buying pressure; bearish ones (red) show selling dominance. Reversal Patterns You Should Know Hanging Man/hammer: A long lower shadow signals a trend reversal at support/resistance levels.Engulfing patterns: A large candle that "engulfs" prior days’ candles, with a 70% success rate in Nifty 50 stocks historically.Shooting star/morning star: Inverted hammer-like patterns that mark top or bottom formation. Continuation Patterns That Signal Trend Strength Patterns like the three white soldiers (three consecutive green candles with expanding bodies) confirm uptrends. The rising three methods (a small reversal candle within a trend) signals trend resilience. These patterns reduce uncertainty during consolidation phases in stocks like Reliance or Infosys. How to Confirm Candlestick Signals Never act on a single candlestick. Always confirm signals with: 1. Volume: Increased trading volume validates pattern significance. 2. Context: A bullish hammer near a 52-week low has higher reliability. 3. Indicators: Pair with RSI or moving averages to filter false signals. Traders using this multi-step approach saw 20% improvement in trade accuracy in a 2023 NSE study. Chart Patterns That Reveal Market Psychology Market psychology affects price movements, and chart patterns help traders understand this. These patterns show up over weeks or months. They give clues about investor mood. Learning these trading strategies improves decision-making in various markets. Head and Shoulders Pattern Analysis This classic pattern signals a trend change. It has three peaks: two shoulders and a head. A breakout below the neckline often leads to a drop. Traders use the head’s height to predict price targets. In 2023, the NIFTY 50 index showed a head-and-shoulders pattern. This preceded a 10% decline. The upside-down version signals bullish reversals. Triangle Patterns and What They Indicate Triangles form when price action narrows into a cone. There are three types: Ascending triangles: Higher lows with consistent resistance, signaling bullish breakouts.Descending triangles: Lower highs with steady support, hinting at bearish moves.Symmetrical triangles: Neutral until price breaks above or below the trendlines. In 2022, Tata Motors’ stock formed an ascending triangle. It broke out for a 25% rise. Traders use volume spikes to confirm breakouts. Using Flags and Pennants in Your Trading Flags and pennants are continuation patterns. They follow sharp price moves. These small shapes signal pauses before trends continue. For example, Apple’s stock in 2021 paused in a symmetrical flag. Then, it rallied by 15%. Traders wait for a breakout to set targets. Volume dips during the flag and spikes at breakout confirm strength. How to Learn Technical Analysis Step-by-Step Learning technical analysis needs a clear plan. Start with the basics of price action. Then, move on step by step to avoid getting lost. Here's a structured way to learn: Phase 1: Price Action Foundations Every day, study bar and candlestick movements. Watch NSE or BSE indices to see trends. Practice finding support and resistance levels on real-time charts.Phase 2: Pattern Mastery Pick one candlestick pattern each week. Use free tools like TradingView to study past examples. Spend 15 minutes daily to match patterns with market results.Phase 3: Indicator Integration Start with simple tools like moving averages. After 3 weeks, add RSI analysis. Use Zerodha’s trading terminal to add indicators to live charts.Phase 4: Strategy Development Test setups with backtesting tools. Keep a journal of entry and exit rules. Adjust based on past results. PhaseFocus AreaWeekly Time Commitment1Price movement analysis10 hours2Candlestick pattern recognition15 hours3Indicator application20 hours4Strategy optimization25+ hours Use online trading education sites like Upstox Academy for learning. Practice a lot to track your progress. Indian traders should look at Nifty 50 charts to get a feel for the local market. With consistent effort over 12-16 weeks, you'll master technical analysis. Essential Technical Indicators for Beginners Learning trading indicators is crucial for understanding market trends. This section covers four key tools every analyst needs to know. These tools are essential whether you're in a technical analysis course or learning on your own. Moving Averages: The Trader’s Compass Moving averages smooth out price data to show trends. For example, the 200-day SMA helps spot long-term trends in the Nifty index. Short-term and long-term averages crossing each other can signal trend changes. Use 9/21-period EMAs on intraday charts to spot reversals. Relative Strength Index (RSI): Overbought/Oversold Clues RSI measures momentum on a 0-100 scale. Levels above 70 or below 30 can signal pullbacks. But, during strong trends, RSI might stay high. Look for divergences: rising prices with falling RSI often signal corrections. MACD: Trend + Momentum in One Tool The Moving Average Convergence Divergence combines 12/26-day lines and a 9-day signal line. Bullish crossovers (MACD above signal line) signaled early 2022 gains in banking stocks. The histogram shows momentum strength. Always check MACD with price action for confirmation. Volume Indicators: The Missing Link On-balance volume (OBV) tracks cumulative volume with price moves. Sudden volume spikes during resistance breaks validate trends. Volume profile tools like the Market Profile show intra-day value areas critical for Indian stock trading. Weak volume on key reversals often foreshadows retracements. Using these trading indicators together helps avoid false signals. A good technical analysis course teaches when to use trend-following tools (MACD, moving averages) versus momentum oscillators (RSI). Always check volume data—never trade without it. Advanced Trading Strategies Using Technical Analysis Advanced technical analysis turns into real trading strategies by using complex systems. It combines long-term trends with short-term moves. For instance, weekly charts spot trends, while hourly charts help with exact entry times. Important advanced ideas include Fibonacci retracements and harmonic patterns like Gartley or butterfly formations. Elliott Wave theory helps predict when trends will end. These tools help traders spot when to buy or sell stocks or the Nifty 50 index. Forex trading strategies often use these patterns because of currency pairs' high liquidity and volatility.Risk management is key: Fibonacci levels help set stop-loss orders, and position sizing formulas manage risk based on account size.Adding technicals with fundamentals, like earnings reports or Fed policy, gives more insight into price movements. Studies show profitable systems combining Bollinger Band breakouts with RSI divergence in Indian stocks. For forex, using pivot points with news events boosts accuracy. Adjusting strategies for trending or ranging markets is crucial: tighter stops in sideways markets, longer targets in strong trends. Indian traders can apply these strategies to stocks, while forex markets need flexibility for global changes. Mastering these layers makes analysis systematic, reducing uncertainty and improving results. Applying Technical Analysis to Different Markets: Stocks, Forex, and Cryptocurrencies Technical analysis works differently in each market. Here's how to adjust the main ideas: Technical Analysis in Indian Stock Markets Indian stocks need special attention. Circuit limits and F&O expiry dates affect prices. Nifty and Bank Nifty show big swings during quarterly reports. Use volume profiles to back up breakout signals. Key tools for Indian stocks include: Volume-weighted average price (VWAP) lines for intraday tradesRetail participation analysis via F&O open interest data Forex Trading Strategies Using Technical Tools Currency pairs need different strategies. For example: Asian session ranges (00:00-08:00 GMT) create tight consolidation zones ideal for chart patterns like ascending trianglesLondon/New York overlaps (14:00-16:00 GMT) show strong trends; apply moving average crossovers here Forex's 24/5 liquidity means wider stop-losses than stocks. Carry trades benefit from combining RSI divergences with central bank event calendars. Adapting Your Analysis for Cryptocurrency Volatility Crypto markets need adjusted risk levels. Bitcoin and Ethereum often have false breakouts on lower timeframes. Use: Weekly/daily charts to filter noise133-day moving averages to identify long-term trends Extreme volatility means 3-5x larger stop-loss buffers. Patterns like head-and-shoulders may take 3-5 days to form compared to stocks. Common Technical Analysis Mistakes and How to Avoid Them Even experienced traders can fall into traps that hurt their stock market analysis. These mistakes often come from biases or using tools without understanding them. Here's how to spot and fix these issues before they harm you. Overanalysis Paralysis: When Too Many Indicators Confuse Charts with too many indicators can send mixed signals. A 2023 study found 68% of Indian traders gave up due to too much on their charts. Here's what to do: Choose 2-3 tools that work well together (like RSI and moving averages)Try out different combinations in platforms like TradingViewFirst, learn the basics of price action trading before adding more indicators Ignoring Market Context and Sentiment Technical signals can fail if you ignore big market trends. In 2020, many missed India's Nifty 50 rise because they didn't see RBI policy changes. Here's how to stay safe: Keep an eye on F&O data and big investor moves on NSE IndiaWatch global news (like Fed rates and oil prices) that affects our marketsUse tools like Google Trends to see how news affects prices Failing to Adapt to Changing Market States Sticking to the same strategy when markets change can lead to losses. In 2022, 45% of traders lost on Nifty options because they didn't adjust. Here's how to adapt: Check weekly volatility (use 20-day ATR readings)Change your strategy based on whether the market is trending or range-boundTest your strategies in different market conditions with historical data Getting good at technical analysis means being both disciplined and flexible. Don't make emotional decisions by keeping a trade journal. Use free tools like TradingView's backtesting feature to keep your strategies up-to-date. Building Your Technical Analysis Practice Routine Consistency is key to turning knowledge into skill. To learn technical analysis, make a routine that includes daily drills and strategic reviews. Begin each day by studying market news and updating your charts. During trading hours, watch price movements with important trading indicators like RSI or moving averages. At the end of the day, analyze your trades to find mistakes. Daily Routine:Pre-market: Scan news and set up charts.Active hours: Apply indicators to live data.Post-market: Review charts for pattern recognition.Weekend Practices:Catalog candlestick patterns from historical charts.Test strategies on free platforms like Upstox’s paper trading.Replay trades to improve decision-making. Beginners should follow a 6-month plan. Month 1: Master basic patterns. Month 3: Use trading indicators for confirmation. Month 6: Simulate real trades with Zerodha’s tools. Short on time? Busy professionals can practice 30 minutes daily with “pattern hunting” exercises. Full-time traders can add 2 hours weekly for backtesting. Join groups like NSE Academy’s forums to compare strategies with other Indian traders. Track progress by charting accuracy rates each month. Deliberate practice means analyzing 10 charts daily instead of scrolling through news. Try blind analysis: study a chart without labels to test recognition. These drills build muscle memory faster than passive study. Technical Analysis Courses and Resources to Accelerate Your Learning Indian traders looking for technical analysis course options have many choices. They can find both global and local resources. These resources are designed for their markets. Learning through online trading education and hands-on experience is key. Certified Programs: The Chartered Market Technician (CMT) program is well-known worldwide. To get certified, Indian traders must pass three levels. These levels cover technical theory and how to apply it.Online Platforms: Udemy and Coursera offer courses like “Mastering Candlestick Patterns” and “Indian Market Technicals.” These courses are made for traders in India.Free Learning: You can learn a lot from YouTube channels like “Trading Simplified.” Also, blogs like TechnicalAnalysisIndia.com share valuable insights for free. Course NameFocus AreasPriceIndian RelevanceJohn Murphy’s TA FundamentalsClassic patterns, market cyclesPaid (eBook)Universal principles applicable to NSE/BSECQF Program (CQF Institute)Advanced charting, algorithmic tools$499Includes case studies on Indian indicesUpGrad’s Trading CertificationIndian stock analysis, volatility strategies₹15,000Live market examples from NIFTY 50 Books like Technical Analysis of the Financial Markets by John Murphy are must-reads. Joining forums like TradingView’s India group is a great way to talk about market trends with other traders. Look for educators with real trading experience, not just academic background. Always practice what you learn with demo trading. Taking Your Technical Analysis Skills to the Next Level Starting with candlestick patterns and trend lines is just the beginning. True mastery comes from going beyond basic methods. Advanced traders in India learn how different markets interact, like how crude oil prices impact the Nifty index. They move from following set rules to creating their own systems. These systems reflect their personal risk levels and market insights. Indian traders can improve by using tools like machine learning. This helps them test how well candlestick patterns or momentum indicators have worked in the past. Tools like TradingView or Amibroker let them create custom indicators for specific market behaviors. Experts like Nithin Sridhar mix price action with macroeconomic context. Upasana Tymkiw suggests making adjustments for India's unique market cycles. Improvement comes from keeping a detailed journal of trades and what triggers them. Top traders at places like ICICI Direct or Kotak Securities look at sector rotation to find undervalued areas. Focusing on areas like commodity-linked equities or volatility-based entry points can help you stand out. Sharing knowledge through YouTube or co-writing reports boosts growth. Zerodha’s Capitalmind or NSE Academy offer advanced certifications. The goal is to keep learning and stay curious, as #technicalanalysis is a continuous journey.
BIG MOVE FOR CRYPTO! President Trump just signed an Executive Order establishing a Strategic #Bitcoin Reserve! With only 21 million coins in circulation, the US is positioning itself as a leader in the crypto space! What do you think this means for the future of crypto?
BIG NEWS for Crypto! 🚨 The SEC's Crypto Task Force is hosting a series of roundtables to clarify crypto regulations! 🤝 When: Starting March 21 What: Defining security status & more! Who's ready for Crypto Clarity? 💡
"BREAKING: Mumbai Court orders FIR against ex-SEBI Chief Madhabi Puri Buch & 5 others over alleged stock market fraud! What's your take on this shocking development? #stockmarket
BIG NEWS: The SEC says meme coins are NOT securities! The SEC made it simple: meme coins “don’t count as securities under federal laws.” So, your doges and shibas are free to fly! #MemeCoinWin
FBI CONFIRMS: North Korea behind MASSIVE $1.5 BILLION Bybit Crypto hack! Lazarus Group, notorious for cyber attacks, linked to the largest crypto heist in history! What's next for crypto security? #bybit
WAKE-UP CALL! Bitcoin rewards LONG-TERM thinkers! Don't get caught up in daily drama Buy with CONVICTION Hold with PATIENCE Ignore the NOISE #Bitcoin #HODL
BREAKING: BLACKROCK MOVES BIG! 18,168 ETH ($44M) & 1,800 BTC ($160M) transferred to Coinbase! Are they buying the dip? Is the US eyeing a cheap Bitcoin buy too? What's your take? #Bitcoin #BlackRock
CZ'S NEXT PREDICTION! 🚨 After NAILING today's price drop, former Binance CEO CZ forecasts Bitcoin to plummet from $1,001,000 to $985,000! 👀 Will he be right again? #Bitcoin #CZ