It takes a few weeks to go up, but only 8.8 seconds to come down

As I said yesterday: Bitcoin is indeed falling again, heading for a drop below $90,000.
Last Friday, I mentioned this possible fundamental reason: there is no money in the market!
The Fed is cutting interest rates again, and it is still a long way to go to stop shrinking the balance sheet. Now the market is already in a state of panic. Any slight disturbance will be used to speculate on bad news, causing panic and a stampede to fall!

After this drop, the weekly level of $BTC BTC is getting worse, and a dead cross is formed. It may fall below the top range of more than two months of fluctuations, so it can only look for support downwards:

The first target: 86,000-88,000 US dollars; the highest probability, 80% possibility;
The second target: 79,000-80,000 US dollars; 50% possibility;
The worst is to fall back to the starting point of this round of rise: 70,000-71,000 US dollars; 30% possibility;

Then the market is really frozen by the late spring cold. This situation is not just a technical correction, it is likely to be stimulated by a major black swan event!

The decline of altcoins follows Bitcoin, but will be N times that of BTC:

ETH, BNB and other high-quality old mainstream coins will be 2-3 times the decline of BTC;

The top 50 coins by market value, and those issued before 2020 (at least experienced a round of bull and bear), will be 3-5 times the decline of BTC;

Newly issued coins, especially those that have skyrocketed or have high market value and low circulation when they are launched, are ready to be cut in half again!

Finally, recharge your faith: the fourth round of halving bull market has not ended, and now is the mid-term correction and wash period. At this time, the dog dealer will use all means to wear down people's hearts, because the consensus of BTC is too strong, and retail investors will not hand over their chips without a lot of time and various "torture" games.

The conditions for rising to a new high again have also been said: the Federal Reserve continues to start cutting interest rates and stop shrinking the balance sheet; the interest rate drops below 3%, and the real spring has come.

#加密市场回调