For the worst-case scenario,
We might drop to the 70k–73k range.
Nasdaq and S&P charts often revisit the previous RSI peak after showing bearish divergence.
This level aligns with the 0.5 Fibonacci retracement of the 16k–126k rally, so the bull trend would still hold.
Update:
As I said earlier, $WLFI went down to $0.05 and is hovering around $0.05 - $0.07 right now.
But, I am not buying it now because I think Bitcoin possibly going below 50k this year.
Let's see how $WLFI will move as Bitcoin goes down within this year.
@0xburakcem@giraffies_nft@Yellow I don't think it has any value, just like other NFTs in the space.
The market is shifting its focus away from hype-driven price surges toward core value and the mechanics of revenue generation.
Anyone who buys this seriously needs to get their IQ checked.