BITCOIN DUMP ALERT! Will BTC Hit $60k Again?
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BITCOIN DUMP ALERT! Will BTC Hit $60k Again?

Altcoin Daily 07.05.2026 13 163 просмотров 319 лайков

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Intro

If Bitcoin takes a pullback and then takes the crypto market down with it, do not be surprised. I don't think it's going to be big, but if it happens, then absolutely the bottom end of the channel is very in play. That's around 71,000. And then if we break below, like we broke below the last bear flag, I think we have strong

The Actual Reason Bitcoin Is Rallying

support in the 60s. That's if we break low. But this will and this is will end. Eventually this ends by either two things happening. Number one, the sellers get exhausted. The people that want to sell as Bitcoin price nears their break even point or maybe a little higher, the sellers get exhausted. The sellers are used up. Number one, or number two, which is this really the same thing, the short-term holders hold for over 155 days and become long-term holders. And long-term holders, we understand assets they're buying. So expect volatility in the short-term. Understand this is how bear markets end or this is how bottoms are formed. This is healthy.

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