#CryptoRegulation
Urgent Warning: Bitcoin is at a critical crossroads! Are we on the verge of exploding towards 90,000?
In recent days, we witnessed a sudden drop in Bitcoin to 100,600, followed by a rebound towards 105,000 led by the "big players" who control the market!
But...
Don't be fooled by this rebound!
The smell of gunpowder has disappeared, and the cries of "Trump" have settled...
And the previous peak still stands, with the high status merely a temptation for eager buyers!
On May 13:
Bitcoin broke the lower Bollinger band
Like a bow drawn to its maximum… any rebound could turn into a sudden downward explosion!
Critical scenarios:
If it breaks 101,500 = complete collapse, destination: 90,000
If it holds above 101,500 = possibility of challenging 105,000 then 106,400
The key?
Watch the level of 101,500 very closely...
It is the lifeline or death line for Bitcoin at this stage.