The major crash continues! $BTC
In just over 3 hours, the U.S. stock market will open, and there may be another accelerated decline!
Previously mentioned, Bitcoin's first target of 76,000 has been reached, and ETH not only reached the first target but is just 3 percentage points away from the second target of 1,340 USD!
Currently, it seems that Trump's use of the trade war to force the market to crash, in order to pressure the Federal Reserve to cut interest rates, is not without basis. #加密市场回调
The current market trend and the overall environment inevitably remind people of the major drop on March 12, 2020, caused by the pandemic! See the second image below:
Currently, we are in a downward continuation phase, a weak rebound to wash out the shorts, and then continue to decline. Since we have broken down with volume, today’s decline will not be just this little bit!
Third target: BTC to 65,000 USD, ETH to 1,120 USD, which may not be a low probability event anymore.
Finally, let me say this: every time I post, there will always be someone who mindlessly argues or attacks below, to which I will not respond: I know that the differences in understanding between people can be greater than those between humans and pigs!
Investment is the realization of your understanding; I have no obligation and no time to convince you!
But I will respond to thoughtful discussions; I welcome all fellow crypto friends to discuss and improve together, achieving financial freedom!