𩞠BTC Death Cross: why $58K headlines are louder than reality?
If you read the headlines, the death cross sounds like a death sentence.
In reality, itâs a lagging indicator - it usually appears after most of the selling is already done.
đYes, a $58K scenario is possible. But itâs a tail risk, not the base case.
âïžWhat actually matters now:
âą $92K-$89K - first zone where buyers usually respond
âą $75K-$68K - area where accumulation starts, not panic
âą $62K-$58K - deep correction, likely only under heavy macro stress
đThe key is volume and price reaction.
Without broad panic and structural breakdown, death crosses tend to create noise, not crashes.
Markets donât move on fear alone. They move on levels.
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