$BTC BTC plummeting into a bottomless pit? Don't be afraid! 70,000 dollars is the real bottom set by the big players!
Today, Bitcoin plunged down like a roller coaster, while the Nasdaq only dropped 4%. BTC instantly broke through 81,000, heading straight for 77,000. It may seem like panic, but it's actually a setup!
Three core logic points are made clear:
True support at 70,000: 77,000 can't hold anything, the real fortress is 70,000. Just looking at the daily chart makes it clear, the resistance at 84,000 has become a dead weight, while the true bottom is hidden below.
US stocks' downward trend is not over: If the Nasdaq replicates the 2020 trend, it still needs to drop another 8%, which means BTC could fall another 10% down to stabilize at 70,000. This wave of correlation is too precise, like a script that has been well-written.