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BTC Remember my assertion today!
79,000 is the ultimate ceiling for this round of Bitcoin rebound—after that, it will only keep declining southward!
Don’t let the small rebound on the chart fool your eyes. The current trend is fully a replica of the classic 2022 downtrend script.
Next comes a slow grind lower combined with a rapid succession of sharp drops, and the ultimate target is directly around 55,000.
Only a pullback of $20,000 counts as truly completing the market clearing.
The market is still wildly yelling about breaking 80,000 and pushing toward 100,000. In reality, the futures long positions have already entered a high-risk zone.
As soon as any slight unfavorable development occurs, it immediately triggers a chain reaction of liquidations and a stampede.
Looking back at 2022, every time right before the biggest selloff, bullish talking fills the sky—yet it still ends with a brutal retracement of 30%+ anyway.
The most deadly thing in the crypto market has never been the decline itself, but the fact that even after top signals have already been clearly given, people still cling to fantasies of a bull market.
Back then, how many people blindly caught the bottom and added positions without thinking—only to end up deeply trapped, with no way to recover their money.
Today’s chart action is simply a replay of history.
I’m putting it here: the market will fulfill this step by step from here. Just wait and let the price action verify my judgment!
$BTC $ETH $GT