Analysis and Scenarios of Bitcoin Correction #BTC

To what level could the price of Bitcoin fall?

👇Here is my analysis based on market structure, key support levels, and several determining factors.

  1. The intentions of big buyers, the "Whales"; if the whales aim for quick profit (forced capitulation) or a long-term reversal. Their actions strongly impact and cause unexpected volatility.

  2. High leverage from traders can trigger liquidation cascades, accelerating the price drop.

  3. If small investors panic and sell, it amplifies the impact of the short positions of the "whales".

  4. The Fed's policy, the strength of the dollar, and the general risk appetite are important factors in macroeconomics.

Immediate Support 112,000 $):

Major First Support: 105,000 - 110,000 (Consolidation zone).

Psychological: 100,000 (Round number).

Deep correction: 90,000 - 95,000.

Scenarios

Bull markets: 15-25% correction.

Bear markets/regime changes: 30-40% and more.

#MarketPullback #WhaleAlert #TradingCommunity #CryptoMarketAnalysis