2% drop in under an hour....BTC in freefall
2025-01-27
Category: None

This was bound to happen and it's your time to get out before it's too late. BTC was propped up by hot air and promises, now gravity will pull it back to earth. TAs view: double-top, consolidation around 105kish, sellers in control, seems like the only buyers are the ones trying to make a buck from volatility not HODL as they know there's a high chance of dropping to the real support line which is around 60-70k. Could be wrong, but just don't see this going up higher and the financial markets are just not ready (will take years!) to get this to prime time they don't even have the right people staffed and every major bank has been fined for rigging the market / market manipulation. No one will go grocery shopping with BTC and pay ridiculous transaction fees. 

Hold at your own risk, you've been warned! Always do your own due diligence. Best of luck!