🚨 BITCOIN COULD CRASH TOWARDS $63K–$70K ⚠️
🚨 BITCOIN COULD CRASH TOWARDS $63K–$70K ⚠️
In my previous analysis, I broke down the Bitcoin chart 📊 using different scenarios and categorized the market into two groups—if you missed it, check out my pinned post! #BTC #ETH #PEPE
Bitcoin market is operated by two groups: major players (institutions, corporations, gov’ts) vs. retail traders—these whales hold the power to trigger big moves first 📌
Let’s dive into the 7 logical reasons why the dominant group may drive a crash first:
1. Whale Support Zone Mid-$60K: Major holders have bid liquidity clustered in the $63K–$70K region—once that breaks, watch price freefall
2. ETF Outflows & SÖPR Bleed: U.S. spot BTC ETFs saw $1.1 B outflow on Feb. 25, and the SÖPR hit its lowest in over a year—new money is bleeding
3. Tariff-Driven Risk-Off: Trump’s new tariffs spiked a 5.5% BTC drop on April 7 as crypto stocks plunged, sucking liquidity out
4. Choppy Recovery Ahead: CoinDesk reports BTC neared $60K but warned the bounce is unstable—deeper dips likely before steadying
5. Mining Capitulation Risk: Hashprice index at $43/petahash signals miner stress—unprofitable rigs could dump supply if BTC stalls
6. Bearish Moving Averages: BTC fell below its 20-day EMA & 50-day SMA on April 15, a classic sign sellers are in control 📉
7. Liquidity Sink to $62.5K: Order-book data shows bid liquidity sliding to $62.5K—bears love to prey on late shorts there
⏫ Altcoins & Memecoins Primed to Surge:
• $SOL – Up 36% from crash lows; Solana’s DEX volume hit $15.8 B last week, setting sights on $180 soon 🚀
• $XRP – Wyckoff re-accumulation + falling wedge point to a 70% rally toward $3.55 in coming weeks 🎯
• $FARTCOIN – This Solana memecoin is up 370% YTD, outperforming BTC on pure hype alone 💩
• $SHIB – Volume spikes on April 22 signal a fresh pump—perfect for quick, high-octane entries 🐶
• Hidden Gems Under $1: BlockDAG, Litecoin ($LTC) & Chainlink ($LINK) are spotlighted for massive ROI potential in 2025