Crypto News: Bitcoin Crash, ETH Blast Off, RON, PYTH & MORE!!

"this will likely occur regardless since all the gbtc holders and BTC whales will eventually run out of assets to sell all while trafi keeps buying in the short term though there's no question that this is dragging down btc's price as you can see BTC is looking very weak on the daily chart it's sitting around a critical zone of resistance of roughly 42k and could crash down to 38k in the coming days note that long liquidations could take BTC lower zooming out to the weekly suggests that BTC could fall as low as 35k"

"Alternatively BTC could Bounce from this level and retest the Ballinger band moving average from below a move to roughly 44k depending on the Catalyst which causes this move it's possible that BTC will break back above that key level into bullish territory note that a short squeeze could occur too in this case the largest could be a retest of the recent high of roughly 49k"

"if it can get above this Zone then it could see new all-time high in the medium term"

"Sam believes that this will happen by the end of q1 so by the end of March"