Guys, Bitcoin did not crash badly as per many people’s expectations, but it already made a correction to 87k, 85k, and even 80k.
At the moment, BTC is still showing bearish targets around 74k, 72k, and 68k, however this scenario is now getting canceled.
Why? Because more than 90% of traders are holding short positions on Bitcoin. We have checked the market data and around 17 billion dollars are currently in short positions. This creates a huge liquidation opportunity for the market.
Always remember: the market moves on liquidity and fundamentals, not on emotions. BTC can move anytime towards 94k or even 100k just to liquidate these $17B short positions.
For this reason, I personally decided to buy BTC from these levels.
⚠️ Risk factor:
If there is any major escalation, such as a Russia 🇷🇺 vs UK 🇬🇧conflict, the market can crash. Otherwise, Bitcoin is showing strong bullish strength.
Also, we have strong support from TRUMP, which is a positive sign for the crypto market overall.
👉 This is one of the best times to accumulate crypto. Buy wisely and manage your risk.
This prediction can work for the next few days, starting from January until the end of March.
If I receive any further important updates, I will inform you here.
Good luck, guys — trade smart, not emotional.
#Bitcoin #BTC #CryptoMarket #TradingbycfAI $BTC
