Based on the current data and historical patterns, the probability of BTC experiencing a sustained drop below $75,000 in the immediate future (next 1-4 weeks) is low, estimated at around 20-30%. However, the chance of a brief, sharp wick down to or slightly below that level in a high-volatility event is higher, perhaps 35-40%.
The primary reason for this assessment is that the current pullback (shown as -5.5% to $90,040) appears to be a healthy correction within a strong bullish trend, not a trend reversal. I'm currently using the BTCUSDT Futures Grid bot on Gate. The ROI since the bot's creation has reached -6.98% #btc
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Based on the current data and historical patterns, the probability of BTC experiencing a sustained drop below $75,000 in the immediate future (next 1-4 weeks) is low, estimated at around 20-30%. However, the chance of a brief, sharp wick down to or slightly below that level in a high-volatility event is higher, perhaps 35-40%.
The primary reason for this assessment is that the current pullback (shown as -5.5% to $90,040) appears to be a healthy correction within a strong bullish trend, not a trend reversal. I'm currently using the BTCUSDT Futures Grid bot on Gate. The ROI since the bot's creation has reached -6.98% #btc