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0xSainaC
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0xSainaC
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75000 Here BTC has strong support, but if panic selling breaks this area, I will think of that old man from MicroStrategy whose holding cost for 700,000 BTC is around $76,000. Breaking this could trigger a chain of risk control-related sell-offs, and below are the cost prices for institutions (American institutions have to execute the data from their risk control systems). I really can't see the bottom with one risk control sell-off after another. The wave around 48888 in July 24 may not be reached, but BTC around 70,000 is already considered a winter for the crypto circle. Altcoins are even harder to watch; if they don't go to zero, we should thank the heavens.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.
ETH-1.12%
BTC-0.98%
1
544
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