Quote from: Rampagoe004 on Today at 04:43:13 AM

Quote from: Gooner0 on January 10, 2025, 05:21:23 AM

I just saw this news on Binance this morning, and truly for the past few days Bitcoin seems to be depreciating.
On Jan 8 Bitcoin experienced it second-steepest daily decline which has now further lead to market uncertainties.
And according to Binance if Bitcoin closes below $90,000 on the daily chart, analyst warns of a deeper crash . And a confirmed inverse head-and-shoulders pattern could lead to a further 20% drop potentially targeting $71,500.
What are your take on this?

This week Bitcoin has experienced several corrections with declines which have made the market price uncertain as well as several altcoins following sharp declines. There is a possibility that there will be a depression in Botcoin prices in 2025. I am not an expert but every time I look at the graph the current technique is very doubtful that bitcoin will reach a new ATH.
Bitcoin has not shown a negative side this is just the sentiment and predictions of some analysis now the price of bitcoin also has not closed at $90k we hope this year will be better on Bitcoin I am sure bitcoin will not go down in price This price correction is a common thing that occurs before Bitcoin reaches its highest price.

Bitcoin price correction is being driven by large investors manipulating the market, which affects small investors and short-term trading is risky. You can expect Bitcoin price to fall further this week, which will continue until the middle of the month. Altcoins are complementary to Bitcoin, which seems crazy considering the recent graph situation. ATH will be reached by the end of this month, which is definitely for Bitcoin. It is important for small investors like us to hold on until Bitcoin reaches its highest price.