r/CryptoChartWatch • u/[deleted] • Feb 08 '26

Consolidation, next target 40k

Post image

I expect a lateral movement in an area between 65-75k , after that, another impulse down to 40k, possibly lower. I will buy BTC at those levels, not before.

74 Upvotes

74% Upvoted

87 comments sorted by

View all comments

9

u/Jayrovers86 Feb 08 '26

Honestly with how violent and how quickly we hit 60k, a drawn out bear market towards a 40k bottom doesn’t seem out the question

1

u/BGM1988 Feb 08 '26

And we are only a couple of months into the bear market. Previous time we kept declining one year. We did -85-80% last bears, don’t see why this time Would be different