BTC is now 67000, slightly down,
if it breaks below the 8-hour bearish flag, it will head straight for 55000 USD!
Analyst Captain Faibik's prediction, he is very accurate, focusing on high value.
Main reasons:
Middle East turmoil causes oil prices to soar,
no chance of interest rate cuts from the Federal Reserve, inflation is at full blast exploding risk assets.
ETF saw a net outflow of 348 million in a single day, large institutions are withdrawing wildly, whales are dumping orders.
If it can't return to the 70000 USD support level, it will be hanging in the balance!
#BitcoinDip #CryptoCrash #MiddleEastWar