If we analyze the crypto cap graph we can see that it is even more accurate to measure the trend on the crypto market than BTC.
On my view BTC could trigger a huge disbelief if it goes under 36k, but what really matters here is the crypto cap in general,
BTC can go to the bottom of the support line from covid (see BTC analysis) and continue the bull run as far as I know, the bottom of the support line is at 32500 now,
so yes we could go to prices as low as 32500 in the next days and continue to break ATH. But in the meanwhile crypto market cap can´t loose too much in that eventual fall, because it could trigger
winter for some time.
On my view BTC could trigger a huge disbelief if it goes under 36k, but what really matters here is the crypto cap in general,
BTC can go to the bottom of the support line from covid (see BTC analysis) and continue the bull run as far as I know, the bottom of the support line is at 32500 now,
so yes we could go to prices as low as 32500 in the next days and continue to break ATH. But in the meanwhile crypto market cap can´t loose too much in that eventual fall, because it could trigger
winter for some time.
