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BTC might still be able to survive, it seems—after being smashed from 97 to 82, it then gets smashed again down to 59. At the beginning, the market couldn’t hold at 97 and 82, but from 77 to 65, resistance started—plus the market has started to adapt (it’s starting to become a bit resilient). Now it’s getting smashed again into the 59–65 range, and there’s a possibility it’s already able to withstand the selling pressure.

If there’s another smash, that might be the last one—so a rebound may already be starting from here.

Why? Just look at other markets: gold has already bottomed out at 3800–3900, and it’s now starting to recover in the 4000s. BTC hasn’t dropped as hard as gold. It was in the 60–65 range, and now it’s BTC’s turn to follow gold—because these two markets have similar characteristics: they fight traditional currencies, especially the USD. Just look—if the US is already inflating, the dollar will weaken. Where will the money go? Whoever holds dollars will definitely move into other assets, whether that’s gold or BTC.

In my opinion, these two assets are the safest for surviving when the debt crisis comes. Because when the debt crisis arrives, it will hit things like stocks. And now institutions/individuals are draining money into US stocks again and again, whose values are already out of balance, while their economy is still inflating—so it feels like they’re forcing it.

That might be all—just my personal opinion. Maybe there are some wrong words; please understand, because I’m also human 🙏$BTC