🚨 THE BIG ONE: $BTC hits $60k! Is this the ultimate bottom? 📉
The "Crisis of Faith" just got real. Bitcoin has officially crashed to $60,000, losing 50% of its value since the October highs. Over 311,000 traders were liquidated today alone nearly $1.5 Billion gone in 24 hours. 🤯
What is happening?
1️⃣ Tech Meltdown: A massive sell-off in US tech stocks (Nasdaq) is dragging crypto down with it. 📉
2️⃣ Extreme Fear: The Fear & Greed Index has hit a dismal 9 (Extreme Fear). This is usually when "Blood is in the streets." 🩸
3️⃣ Altcoin Bloodbath: $SOL has dropped nearly 20% today, testing the $100 floor, while $ETH is struggling at $2,400.
The RSI (Relative Strength Index) is now "Oversold." Historically, this is where massive bounces happen, but I am waiting for $BTC to hold $60k before making a move. 🦅
What’s your move in this nightmare?
🛒 Buying the 50% discount!
🔴 Selling before it hits $50k!
🍿 Watching from the sidelines.