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๐จ Bitcoin Crashes: What's Next? (For Serious Readers Only) ๐จ
๐ Bitcoin & Ethereum Update:
BTC remains bearish with no reversal in sight.
Key level: $74K โ closing the Fair Value Gap around $73.6K.
Next support at $71.1K if selling intensifies.
๐ฅ Liquidation Cascade Incoming?
Open Interest stays high at $24B, more leveraged than May 2021.
No mass liquidation yet, often a bottom signal.
Margin call cascade could cause a violent wick down before reversal.
๐ฅ Ethereum Outlook:
ETH targets 2024โs low ($2,067) before relief.
If BTC drops hard, ETH could hit $1,700-$1,800 before bouncing.
๐ Key Macro Event: Core PCE Report (14:30 CET / 08:30 ET)
Above 0.3%? Bearish for risk assets.
At 0.3%? Market reaction unclear.
0.2% or lower? Potential short squeeze.
โ ๏ธ A bad PCE could spark capitulation, extreme volatility, massive liquidation wicks, and a sharp bounce post-sell-off.
Stay sharp & manage risk! ๐ฏ
#Bitcoin #Ethereum #Crypto #BTC #ETH #Trading #PCE #CryptoMarket
๐จ Urgent Crypto! Bitcoin Capitulation & Final Fall!? ๐ฑ
$BTC remains bearish, with sellers dominating. We hit the Fair Value Gap at $85,159, but the bottom isn't confirmed. ๐
Volatility is rising historically, Bitcoin bottoms with a violent liquidation event. Capitulation may loom, possibly driving prices to $74K-$75K. ๐จ
ETF outflows and unhit liquidation records suggest the market could hunt more stops before reversing.
๐ Spot buyers: Wait. The real opportunity may be close.
Where do you see the bottom? ๐๐
#Bitcoin #Crypto #BTC #Trading