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Gate Square | 2/5 Today's Hot Topic: #BuyTheDipOrWaitNow?
🎁 [Community Perk] Post with the topic or #BTC, 10 lucky users * $100 position Voucher.
Market volatility continues as BTC breaks below the $74,000 key support level, with altcoins pulling back in sync. Are you buying the dip in batches or waiting for a better entry point?
💬 Today’s Discussion:
1️⃣ Bottom Signals: Where do you see BTC’s bottom — $70,000 or lower?
2️⃣ Market Drivers: Which recent macroeconomic news or rumors are influencing the market?
3️⃣ Dark Horses: Are there any resilient or outperforming tokens worth watching?
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On 2022-4-21, the BTC price rebounded to below the midpoint of this upward channel and then declined sharply.
Currently, the BTC price is hovering below the midpoint of this upward channel without significant movement.
Is it possible that: BTC simply stalls below the midpoint line and then gradually declines and crashes?
In other words, BTC might not rebound below 94,000 later, but instead gradually decline, like boiling a frog in warm water, followed by a rapid crash! Anything is possible!
It might only rebound to below 92,500 and then decline sharply.