๐จ Analysis $BTC : Critical Insights ๐
It's been a long time since our last update, and all of our bullish and bearish predictions have come true. Over the past week, Bitcoin has reached levels close to its all-time high, forming equal tops. As I warned earlier, this rally was unhealthy and reflected false buying, making the expected local correction and pullback here even more fair and clear ๐ป.
โ I don't expect a "black swan" in the near future, but volatility will inevitably increase as the US presidential election approaches ๐ณ๏ธ.
Given the current situation, predicting the next price movement may be like gambling, but it is worth considering the possibility of a strong reversible move ๐.
๐น My prediction: I see the possibility of a price decline to $62,500, which is a healthy level for the next rally ๐ข, but it will be painful for altcoins. After this pullback, I expect the equal tops to be removed and a new high (ATH) to be recorded ๐ฅ๐.
As a precaution, I am securing myself with a lower limit that may reach $59,700 ๐ก๏ธ.
Follow the updates for more details ๐
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