If there is no breathing room towards 80K before or after touching 70K, panic and greed can take over the situation and send the price to 55K in a single move. At these moments, 55K is more attractive than 90K or 100K. The lack of institutional liquidity and leveraged positions is deflating the price at record rates; the current price is March 2024, the main institutional buyer does not have significant purchasing power for a relevant correction to occur. I believe that if this continues and there is no liquidity, the price could go below 50K or 40K, very interesting zones with strong buying power for the price to find a floor. #btc50k