Bitcoin Analysis (BTC/USD)
Bitcoin’s meteoric 100% rise since September screams overextension. The euphoria may be fading, and a correction looks imminent.
Key Levels to Watch:
$73,800: The first major support—breaking this could accelerate the drop.
$65,600: A likely target if bears take full control.
The chart suggests BTC is overdue for a pullback. Corrections after such rallies aren’t just likely—they’re inevitable. Bulls, buckle up. Bears, this might be your moment.
“In markets, gravity always wins.”