$BTC BTC could drop to $58K!

🔸 It looks scary if $BTC drops to $58K. But, in my opinion, this will happen. Here are the details on when and why this will occur? Let's start the discussion:-

🔸 A day ago we shared a detailed article about #BTC☀️ and mentioned that BTC could drop to $76K, and we will buy there. The same will happen, BTC will drop, but we will not buy there and will wait for a bullish reversal on the 1D TF before purchasing.

🔸 The reason I mention that #bitcoin will drop to $58K is that when #BTC☀ drops to $75K and the market stabilizes, those retail buyers who bought at $90K, $100K will start to panic sell, which could cause further drops to $65K - $70K, even $58K is possible.

🔸 Most of the time we mention buying at this or that level when #BTC☀️ drops, but this time we will not recommend buying until we get a bullish reversal on the 1D TF.

This is not financial advice!!!