Bitcoin price is preparing for deep correction less than $ 90,000
The cause of confidence
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Bitcoin, while he still maintains more than $ 100,000, has not had the exact confidence in the encryption community recently. This comes at a time when digital assets failed to break the highest new levels ever during the gatherings of last week, and with the Israeli conflict, Iran witnessed sharp diving, erasing its weekly gains. Amid this, the bears gained more land and are now more controlled in the price of encrypted currency. Thus, the possibility of deep crash increases during this time.
Bitcoin price can be disrupted less than $ 90,000
In TradingView mailMirza’s pseudonym for a possible decrease in bitcoin price It can send the escalating market more. The encryption analyst indicates the increasing weakness in the price of bitcoin and the formation of Haboodi patterns on its price scheme.
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The first noticeable declining development was the fact that the price of bitcoin was unable to break more than $ 111,000 despite its proximity last week. Since this is the place you resist for the previous high lies at all, it shows that there is not enough strength in the digital assets to continue its rise. The result of this decline, which returned about 103,000 dollars, was taking a position again.
This declining decline indicates that the original is now a potential double or lower structure. Both are bad signs of any origin because it indicates that the upscale momentum has ended and there is no place to go to it. This change in the momentum indicates that there can be a liquidity seizure at lower levels.
The encryption analyst expects that there is a possibility that the bullish direction will continue if the bitcoin price is able to break and maintain more than $ 107,000. Otherwise, and Bitcoin price is expected to be suspended More than 15 %, pushed it to less than 90,000 dollars and less than 85,000 dollars before creating the bottom.

BTC landmarks grow
Mirza is not the only encryption analyst that called The collapse of the potential price for Bitcoin. RLINDA has also moved to the platform to exchange what you expect to get the largest encrypted currency depending on the maximum market. she Indicate Israel’s conflict Iran was the reason that the price of Bitcoin lost its upward trend and was heading down at this stage.
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However, Bitcoin continues to obtain support above $ 100,000 so far, which showed some strength. As a result, the analyst explains that the BTC price may end between 102,500 dollars and 106,200 dollars for a period of time as a result. The end of this, however, can end in two ways.

If Bitcoin is broken by more than $ 106,200, it features a bullet more than $ 110,000 again. However, if you lose $ 102,500, the next accident will send it about $ 100,000 again.
Distinctive image from Dall.e, Chart from TradingView.com