At this point, IMO I feel BTC is heading to 92k or lower from my view of how weekly TF is, but I'll expect a pullback to either 105k or 104k before going to 92k. We might get to 86k, but I can't say for that now till we get to 92k first. what is your View on BTC?
If you talk about the direction of Bitcoin, if I speculate there are two things that have an impact on Bitcoin decline and increase, it can be speculated right with several factors.
For example: War in the Middle East today.
The point: If the war there is no peace point continues, Bitcoin will rise further, the people of the East Eastern who have an impact on the war they will use the best steps than Fiat, They shouldn't travel to bring money in a suitcase, they only have a large amount of bitcoin and go to other countries.
And the impact of the current war, if the peaceful war of the Middle East people will sell Bitcoin on a large scale to be made into Fiat, automatically the price of Bitcoin is down, The reason to improve the current infrastructure is destroyed and they will fix it both the government, the Bitcoin adoption company or the community itself.
So, the direction of the development of Bitcoin can have an impact on the situation as I said above, if I am speculation, different Israeli war from Palestine victims of one party, Likewise America with Iraq, but this time Iran is different from Israel and America all three suffered real losses and they are the most crypto users.