the market is down. and this guy is still right about something

I don't like to make forecasts, although it's part of my job, so I have to do it, just like doctors do when making a diagnosis.

Here is my forecast for #BTC

I do not expect updates to the highs at the moment. The most likely scenario is a severe drop of the first cryptocurrency by 30%. Moreover, the decline may be so rapid that liquidations will follow one after another.

The nearest target that the price will aim for is in the range of $67,000 to $72,000. There may be a temporary support point found there.

At the same time, the other cryptocurrencies are waiting for a similar fate. #ETH will fall to $1,400. If you didn't manage to take the cream off the top - accept my condolences.

I do not intend to scare you or hype this topic. It has simply come time to take the chips off the table, of which there are many accumulated. The money of thoughtful investors will be taken by large players.

I already wrote to ранее that at a price of $100,000, Bitcoin gives miners a profit of over 100%, which is an obvious bubble. A few years ago, when it was priced at $7,000, the cost of mining was around $14,000. Draw your own conclusions.

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