#btc #xrpcrashed $BTC $XRP
NOW WHERE IS BTC AND XRP GOING!!!
In previous articles, I established that bitcoin was dropping below 75,000, finding a new ceiling at 80,000, just like with XRP going below 1.70 to later form new resistances in the 1.96-2.00 level!!!! I took a bit more than I had forecasted, but the ping pong effect is still in play!!!
As I already mentioned, BTC formed a new ceiling at 80,000 dollars and touched 74,000; its next initial drop will take us to levels of 72,000, and then it will continue to fall deeper below 70,000, but how low will it go? Clearly, the trend line of new ceilings getting lower is an indication of an entry into a bear market after having touched ATH in January. BTC will slowly head towards the 50,000 level and will find clear support in the range of 45,000 to 50,000!!! It will then rebound towards the area of 125,000 - 150,000!!!!
Regarding XRP, it's another story repeating itself again. I believe that all these ignorant YouTubers keep saying that the rise is coming, that XRP will be at 10,000, 1,000, or 100 dollars in a matter of months; at this point, even 10 dollars sounds ridiculous!!! But what is the story that always repeats with this pathetic token? In 4 different cycles, it has gone from being worth cents to entering ranges of 1.80-3.30, only to then fall back to being worth cents!!!! But what is the mystery surrounding this repetitive movement in each bullish and bearish cycle? I will summarize it in brief words: 100 billion tokens!!!!!! Additionally, the monthly release of tokens from escrow will not allow the token to reach a point of scarcity sentiment, but what do they expect? That the demand from the SEC, ETFs, and adoption will end? It sounds like a broken record always saying the same thing. This garbage will head towards 1.50, then fall directly to 1 dollar, and finally return to where it started at 0.30-0.40!!!
THE END IS HERE!!!