🚨 $BTC Bitcoin is crashing — price at $107–108K?
BTC broke through $112K and dropped down — profit-taking by whales and a cascade of liquidations occurred. The market is overheated, and the news from the Fed only added fuel to the fire.
The scenario looks like this: the nearest support zone is $108–107K. If we hold, a strong rebound back to $112–115K is possible. If not — prepare for a test of $106K and below.
💡 My view: I wouldn't be surprised to see Bitcoin around $107–108K. There we will see who really believes in the rise and who is selling out of panic.