$BTC sitting around $98K-$100K, crucial level right now.
It’s simple if $98K support breaks, we could nuke to $92K to fill the CME gap.
If it holds, expect a bounce toward $104K-$107K.
Overall, market sentiment is weak. I’ve turned short-term bearish too, but long-term I’m not changing my stance, we’re still going higher.
What really scares me? The stock market bubble talk. S&P500 looks overvalued, and if equities dump, crypto won’t stay untouched. Someone will surely take advantage of it to manipulate the market, even though lately correlation has been low.
Either way, I’m slowly accumulating #Altcoins here, waiting patiently for better entries with each dip.
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$BTC sitting around $98K-$100K, crucial level right now.
It’s simple if $98K support breaks, we could nuke to $92K to fill the CME gap.
If it holds, expect a bounce toward $104K-$107K.
Overall, market sentiment is weak. I’ve turned short-term bearish too, but long-term I’m not changing my stance, we’re still going higher.
What really scares me?
The stock market bubble talk. S&P500 looks overvalued, and if equities dump, crypto won’t stay untouched.
Someone will surely take advantage of it to manipulate the market, even though lately correlation has been low.
Either way, I’m slowly accumulating #Altcoins here, waiting patiently for better entries with each dip.