Bitcoin (BTC): Looking For $70K (Correction) - Are We Crazy?
2025-02-10
Category: None

Now before we get into the details, bear in mind markets are in a mess, and we trade based on the current market structure.

Yes, we've been talking about this zone for quite some time and while it might not happen, we are still aiming to see a bigger drop, which realistically would reach at least $82-$85K.

Why do we put $70 as our major target? Well, during those volatile times, there can happen huge wicks (like we had on ETH recently).

So, we are not yet ready to see a bullish movement for the coin and we are going to switch to a bullish view only once we see a proper breakout from current ATHs. Meanwhile, we are looking for a drop—markets are too weak, and the economy is in chaos...

Swallow Team