$BTC Bitcoin: Will it pump or dump?
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The drop to 60k is reminiscent of 2025 when it peaked at 126,000.
Number 1 in the chart shows this upward trend; it's currently correcting.
It’s correcting the price as we speak.
Number 2 in the chart reflects the price hit in February 2026, which is the same as now. The horizontal line from 2 to 3 shows the current price, but back in February, it shot up with a single candlestick to 70k.
So, the chances for the next price action are a bounce back to 70k from the 60k zone,
or a dip to 50k before bouncing,
or the third possibility is a drop to 40k or lower, which isn’t a strong contender.
Just a heads up, I’m not super confident; you bear the decision.
May the odds be in your favor, and God knows best.
Peace be upon you and God's mercy and blessings.
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The drop to 60k is reminiscent of 2025 when it peaked at 126,000.
Number 1 in the chart shows this upward trend; it's currently correcting.
It’s correcting the price as we speak.
Number 2 in the chart reflects the price hit in February 2026, which is the same as now. The horizontal line from 2 to 3 shows the current price, but back in February, it shot up with a single candlestick to 70k.
So, the chances for the next price action are a bounce back to 70k from the 60k zone,
or a dip to 50k before bouncing,
or the third possibility is a drop to 40k or lower, which isn’t a strong contender.
Just a heads up, I’m not super confident; you bear the decision.
May the odds be in your favor, and God knows best.
Peace be upon you and God's mercy and blessings.