$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.
BTC-3.16%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)