77k is the target!
If Bitcoin drops down to $75,000, that will be us seeing the market back to the bear since that has been the predicted down for the bear to start since last year, and from the way the market is going, Bitcoin might actually fall below $80k, and if that happens, then reaching $75,000 won't be hard for it again, although I don't expect the market to go that low, especially not in this month of January.
Bitcoin price falling to $75k level isn't what would be happening soonest considering the strong resistance that holds at $88k price mark we might have price retouching that level a few times before eventually breakthrough, which would also base on certain catalysts like bad economic news leading to panic sells. Otherwise, bitcoin price could cut beyond $100k and stay above for some period before we actually go into the bear market as has being speculating.
We can only speculate for all we can about Bitcoin but our speculations may or may likely not come to stand and what it does we are only left with accepting reality, Bitcoin could actually fall blow $75k level in the soonest than you expected it, both the bear market and the bull has happened when spectators are saying other wise, their are different players in the market and not that panic sell as a result of bad economic news, there can be different reasons while anyone can sell their Bitcoin holding, people can speculate about the bear market for I care it may not likely come off as speculated, bitcoin can go up from here and never dip to be considered bear market, we give more attention to whatever price we see in the market since news and speculation is doesn't hold validation.
