Bitcoin: Possible drop to 30k
"But also, there is a real chance that it still goes here into this buy zone at around 30, which is the old support from 2023 right here. And this is going to be a massive I mean, this is old resistance here from 2023 that we that we then broke. And this is going to be a massive support for us now."
ℹ️ In shortIvan on Tech believes Bitcoin might drop to around $30,000, which was a support level in 2023 and will now act as strong support.
This prediction is awaiting verification.
Details
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… ntally because of many things that I will share with you today. Overall, guys, for me, this is still not a buy. Why? Because we're still in the bear trend uh and so for us to buy, we would have to go to 93. That's going going to be the best signal ever to get into Solana and then ride it to 300 for I mean, let's see where the bull market takes us. But also, there is a real chance that it still goes here into this buy zone at around 30, which is the old support from 2023 right here. And this is going to be a massive I mean, this is old resistance here from 2023 that we that we then broke. And this is going to be a massive support for us now. So, let's see uh which way Solana goes. I mean, we're fine with both. We're fine with both. But when you look at the the announcements, the news, it's it is quite a lot. It is quite a lot. There is a bit of a fundamental improvement with uh Toast Bank using Solana for global and that. That's good. That's good. It's a question of time before more b …
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Solana drops to 30
Solana, which was 68 yesterday, has dropped to 64 and appears to be heading towards 30 dollars.
Dividend impact on value
If the dividend stops being paid, the stock's value could fall to $50-60, reflecting its value without the dividend.