Here's a quick update on BTC 4 hr chart. As we can see, the price is right now in a falling channel which also represents the current downtrend. The 30k level is very important to hold - if it breaks, then we are looking for some support at 27k and then some bigger support at 24k level. When we break the falling channel, the price will probably go back up.
In every bull run, you have these 40-50% pullbacks and they are the beginning of new big uptrends. BTC will probably go to 80k in its next big run up, and those who aren't buying this dip, will regret later (Not Financial advice!).
BTC will rise again and we might not see these current prices for a long time when BTC goes back up.
The bull market is not over yet - the historical data doesn’t show that the bull market is over.
And what if I told you that the whales are smarter than you? They are pushing the price down by spreading some FUD, so that they can buy cheap.
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