A popular analyst discussed the current situation and according to the signal he shared, this opportunity was last seen when BTC was at $ 20,000. Three other analysts are also current BTC shared his predictions. Bitcoin 
$67,169 It is on the verge of a significant breakthrough, and the more different analysts’ opinions we examine, the more different perspectives we can reach on the current situation. This provides a great advantage for creating a strategy.
Is Bitcoin Decline Over?
It’s over, according to the last graphic shared by Theo. The big signal that the decline is ending comes from the MACD crossover. The analyst seems assertive in this regard, writing that this bullish signal indicates one of the biggest buying opportunities. Theo shared the graphic below and wrote:
“A weekly MACD crossover is about to occur for the first time in the last 7 months. “This would be the biggest buy signal since the $20,000 low.”
Crypto Bullet wrote in the chart it shared today that the ABC correction is now over and the return from the final bottom level has now begun.
“I broke through my final low of $57k for the ABC correction (we got a surprisingly short Wave C) and it rose as expected (blue arrow).”
Cryptocurrency Rise
Rager is the third analyst and has mentioned in previous reviews that he expects deeper bottoms. The predictions he made before his last visit to $59,000 were approximately met, and few analysts were able to foresee this decline. In his assessment today, Rager wrote that higher levels may be tried, but before that, we will see a return that reminds us of boring days.
If such a thing happens, it will not be good for altcoins because gradual and weak rises result in huge losses in such surprise declines. altcoins can easily return their earnings. The midline is expected to be maintained in a possible decline.
cryptocurrency Investors started to rebel, asking when Uptober would start. These days’ rise reminded history of the Uptober story and caused a slight smile on faces.
Mister Crypto wrote that October has just begun. So we may see more in the coming days.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
