Wow, the market is tanking hard, #BTC Bitcoin at 59000, is it going to break tonight?
If it breaks down, we're looking at 57500, then 55000, and if it really crashes, 50000 is next, that's brutal! But personally, I feel if it breaks 59000 tonight, we might see a bounce back to around 57500. If it barely holds, we might just bounce back to 59000 but then continue the downward trend. If it bounces hard, it could come back to the 59500-59800 range before continuing to slide. It won't just drop straight to 55000, but after a few days, who knows?
If it breaks down, we're looking at 57500, then 55000, and if it really crashes, 50000 is next, that's brutal! But personally, I feel if it breaks 59000 tonight, we might see a bounce back to around 57500. If it barely holds, we might just bounce back to 59000 but then continue the downward trend. If it bounces hard, it could come back to the 59500-59800 range before continuing to slide. It won't just drop straight to 55000, but after a few days, who knows?