📉 Could $BTC go lower?



Let's look at 2020-2021. Back then, the peak correction from the ATH was 50%+, and we still remained in a bullish cycle. Now we're seeing a correction of only 30%+, which potentially suggests a possible decline to the $60,000 region without losing the global structure.

At $55,000, we're seeing the WMA 200, which has historically served as strong support and a long-term bottom. I wouldn't rule out a decline into this area in the next couple of months, but the likelihood is an order of magnitude lower than a return to $100,000 and a return to the usual sideways range.

Nothing critical has happened in the market, but the Fear/Greed Index has hit a new all-time low, reaching 11 points.

At the same time, Robert Kiyosaki has completely exited $BTC.

This is already becoming a trend. First, Owen Gunden left the market, completely liquidating his holdings. His portfolio amounted to 11,000 BTC, equivalent to approximately $1.3 billion.

Now, Robert Kiyosaki has announced that he sold approximately $2.25 million worth of BTC, purchased long ago at $6,000 BTC, at a price of approximately $90,000 per coin. He added that he remains optimistic about BTC and intends to reinvest funds from new businesses back into BTC. Many investors, both public and private, are leaving the market right now.
BTC0.13%
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