Bitcoin is on the edge of a major move with a potential 23% rally or 30% crash coming next, with a key level at $55,000.

Current prices are $BTC at $78,000 with 0% change, $ETH at $2,500 with 0% change, $BNB at $300 with 0% change, $SOL at $100 with 0% change.

The news story suggests a collapse to under $55,000 is possible, which would be a 30% drop from current levels, and this is due to recent market volatility, with a potential 23% rally also on the cards, and this move will be crucial for the overall crypto market.

Support at $55,000.

Resistance at $90,000.

I'm bearish on $BTC with a target price of $58,000.

#Bitcoin #BTC #Crypto #CryptoAnalysis #BTC