The crypto strategist Credible believes that Bitcoin (BTC) is likely to experience a deeper drawdown, dropping below its recent low of $78,000 after failing to recover $90,000 as support. However, Credible sees this pullback as a great opportunity for long-term investors to buy at lower prices. He predicts that Bitcoin could drop to the range of $69,000 to $74,000, which is a key high time frame (HTF) demand zone that needs to be maintained for the bullish market structure to stay intact. Currently, Bitcoin is trading at $83,841, down over 9% in the past 24 hours. Additionally, Credible shares his thoughts on the altcoins XRP and Litecoin, stating that XRP's immediate support is at $1.80, while Litecoin is expected to reach its weekly support zone at around $56.



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