$BTC A Ping's analysis is so accurate, Bitcoin has plunged as expected, a massive drop. It is very likely that we will see around 70,000 this month!
BTCUSDT
Perp
87,255
+1.74%
Alert! BTC is suddenly under attack from three sides: main force fleeing, Japan raising interest rates, and China tightening restrictions!
Friends, A-Ping is here. No beating around the bush today, let's get straight to the conclusion: BTC is facing one of the most dangerous moments since 2023. The calm you see in the market now may be the last tranquility before the storm.
1. Technical Analysis: The building is about to collapse, and one tree cannot support it.
Talking through the picture, BTC is now a 'paper tiger':
The price is 'nailed down' at 89,600, and it can't even break through the recent daily MA7 (91,148). The upper MA99 (105,291) is even more out of reach— the long-term downward trend has not changed at all.
Key indicators are all down: RSI at 40, barely surviving; MACD has green bars, but the DIF and DEA lines are deep underwater (-1266, -1750), indicating that the rebound is just a 'fake move'.
1. Technical Analysis: The building is about to collapse, and one tree cannot support it.
Talking through the picture, BTC is now a 'paper tiger':
The price is 'nailed down' at 89,600, and it can't even break through the recent daily MA7 (91,148). The upper MA99 (105,291) is even more out of reach— the long-term downward trend has not changed at all.
Key indicators are all down: RSI at 40, barely surviving; MACD has green bars, but the DIF and DEA lines are deep underwater (-1266, -1750), indicating that the rebound is just a 'fake move'.
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