Bitcoin plunges: Why THIS level is crucial to avoid a 2022-style BTC crash!
Bitcoin is experiencing a significant decline, posing a crucial moment for its value as it has dipped below its support level. The key narrative is that maintaining a price above $82,000 is essential to prevent a larger sell-off by short-term holders (STHs) and long-term holders (LTHs). Should Bitcoin fall beneath this threshold, it might lead to a wave of capitulation similar to the bear market seen in 2022.