Hi everyone

On the chart we can see a significant negative volume after massive drop.

many people scare to drop more and they have right to scare.

but in my view BTC has found it’s temp bottom and if you look at the historical

you can see after any massive drop price moved sideways for a while

in last bull cycle after the drop price moved in limited range around 170 days

before last drop. so I think we can have almost same scenario in different price range.

the range limit I suppose is between 26K and 38K before last drop and the bottom

in my view would be between 17K to 19K.

we should consider WAR and Inflation . they can affect on the market impressively.

Crypto market has a very tight correlation with US stock market by now

chart above shows S&P and the targets it can hit in mid to long term (my view)

Altcoins are another factor we can evaluate BTC drop . most ALTS for now are in bottom

and I believe they can have upward pressure during the consolidation of BTC . let’s see

Enjoy the market