A major drop is brewing!
Last week I mentioned that after the rebound, Bitcoin $BTC has been consolidating at such a high level for so long, so the subsequent drop could be deeper, for example, testing around $80,000!
It has now touched the $96,000-$98,000 range, so the second step—big correction—can’t be far away?
In the short term (before mid-June), the market will fluctuate like this, rising and falling, to play with the mindset and make retail investors collapse and give up more chips!
And in the comments of the last tweet I posted, there were many insults and mockery, which made me realize that I was likely correct in my judgment again, because such situations have always been the case before!
Of course, every time I say a major drop is brewing, I also mention: The logic of the fourth halving market remains unchanged, so small drops mean small buys, and big drops mean big buys. At this position, as long as it drops, buying will not lead to losses! Ps: Here I’m referring to mainstream coins and leading concept coins, at least those in the top 20 or top 50 by market cap!