Analyst: Bitcoin Could Plunge to $68K Before Rallying to $125K
- —EGRAG flags $84,800 as the 0.5 Fibonacci 'battlefield' and $68,000 as a possible shakeout zone
- —Daan Crypto Trade: reclaiming $84,000 would refocus $87,000–$88,000 highs
- —The 2023 fractal implies a 22% pullback before the next expansion wave
- —BTC holds above its 50-week moving average but keeps failing at $86,000–$89,000
Why it matters: The scenario sets whether traders should brace for another drop below $80,000 or a breakout above $84,000.
Source: CryptoPotato