Update for analysis #البتكوين
After Bitcoin closed with a negative daily closing below $88,000 easily, we dropped to lower levels like $82,000.
Has the cycle ended for Bitcoin? Have we entered the bear market? Is this the limit for Bitcoin?
All these questions have their answer at a final point which is $75,000, and the drop continues with a weekly close below $82,000.
Also, guys, our last point after $98,000 is $75,000, and what I mean here literally is that we might see $50,000 and $40,000 if we cannot hold on to it now.
And an important note today, fear in the markets has reached frightening levels at 11, which is the lowest level in a year; the highest level was 88 on the same date today. Could this be manipulation by the whales? Possible, but what is your opinion?
BTC
92,965.05
+7.01%