Hello everyone,
We are approaching a very strong, downward trendline, from which we bounced twice lowering the price.
It is very likely that it will be the same at this point.
ONCHAIN data shows that a lot of BITCOINs have been deposited on exchanges. Which could mean a whale play with this trendline to dips.
My first target is $ 0.51, if the candle closes below I expect an elevador down.
A conference on the regulation of stablecoins is to be held on February 15.
I predict negative information, which will contribute to further downhill rides. Even around $ 0.35, where there will be capitualation.
Many people think that this is a hole, but in my opinion it is not the end of the downhill ride.
Cryptocurrencies are the future and they will do anything to get you out of here :)
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Greetings