Could Bitcoin plummet to $78,000?

📉Experts warn that the price of Bitcoin could sharply decline to $78,000, based on technical chart analysis. However, this remains highly debated.

😂For the price of Bitcoin to break the "neckline," the coin needs to drop at least 7.2%, below the $92,000 mark. While this is a possible scenario, the likelihood is still unclear.

❤️Conversely, if the price of Bitcoin surpasses the "shoulder," which is around $100,000, then the chart pattern will be invalidated. With Bitcoin only needing to increase an additional 0.82% to reach this level, the bullish price scenario is considered more feasible.

Source: finbold.com/bitcoin-could-collapse-to-78000-warns-crypto-expert/ $BTC $GBTC $IBIT $MSTR (MicroStrategy Incorporated) $MARA (Marathon Digital Holdings Inc.)

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