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💥Bitcoin Crash Alert, Approaching Below $100,000! Perhaps $93,000 is Just the Beginning?
Bitcoin (BTC) rebounded to $103,000 on June 6, but the market is once again in turmoil, with traders issuing "crash warnings." Although Bitcoin has temporarily held the psychological support level of $100,000, analysts warn that the pullback may be far from over, and it could even drop below this key level, targeting $93,000 or even lower!
🔻 "The crash has already begun"
According to seasoned traders Roman and Friedrich, after BTC's drop to $100,500 on the 5th, market signals have clearly turned bearish. They state: "The collapse of Bitcoin has begun, and the target price may drop to $95,000 or even lower!"
⚠️ RSI Indicator Signals Downward Pressure
Renowned market commentator Kevin Svenson points out that Bitcoin's Relative Strength Index (RSI) continues to decline, expected to reach new lows within just a week. This indicates that the downward pressure Bitcoin faces is still intensifying, and the market's panic sentiment has not been effectively alleviated.
📉 Economic Data Set to Ignite Market Volatility
The upcoming U.S. non-farm payroll data could become the "trigger" for Bitcoin price fluctuations. Analysts believe that if the unemployment rate rises, it might prompt the Federal Reserve to ease its hawkish policies, thereby affecting Bitcoin's price direction. In any case, market uncertainty remains high, and risks are still elevated.
❗ Conclusion: Bitcoin's Volatility Period May Just Be Starting!
Although the $100,000 support level still holds, market sentiment has shown signs of fatigue, and the likelihood of Bitcoin breaking below this level in the short term is increasing. Investors need to be highly vigilant and ready to respond to the impending storm!
实时新闻
Bitcoin (BTC) rebounded to $103,000 on June 6, but the market is once again in turmoil, with traders issuing "crash warnings." Although Bitcoin has temporarily held the psychological support level of $100,000, analysts warn that the pullback may be far from over, and it could even drop below this key level, targeting $93,000 or even lower!
🔻 "The crash has already begun"
According to seasoned traders Roman and Friedrich, after BTC's drop to $100,500 on the 5th, market signals have clearly turned bearish. They state: "The collapse of Bitcoin has begun, and the target price may drop to $95,000 or even lower!"
⚠️ RSI Indicator Signals Downward Pressure
Renowned market commentator Kevin Svenson points out that Bitcoin's Relative Strength Index (RSI) continues to decline, expected to reach new lows within just a week. This indicates that the downward pressure Bitcoin faces is still intensifying, and the market's panic sentiment has not been effectively alleviated.
📉 Economic Data Set to Ignite Market Volatility
The upcoming U.S. non-farm payroll data could become the "trigger" for Bitcoin price fluctuations. Analysts believe that if the unemployment rate rises, it might prompt the Federal Reserve to ease its hawkish policies, thereby affecting Bitcoin's price direction. In any case, market uncertainty remains high, and risks are still elevated.
❗ Conclusion: Bitcoin's Volatility Period May Just Be Starting!
Although the $100,000 support level still holds, market sentiment has shown signs of fatigue, and the likelihood of Bitcoin breaking below this level in the short term is increasing. Investors need to be highly vigilant and ready to respond to the impending storm!
实时新闻
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