Analyst Dave The Wave, known for his previous predictions, Bitcoin $96,276.81pointed out the decrease movements that may occur in it. Analyst said that negative signals in the MACD indicator, which he followed during the weekly time period, could turn into a downward correction of the current consolidation.
Technical indicators
Dave The Wave, Bitcoin’s MACD indicator is in the process of restructuring close to the zero line. The technical indicators it uses according to the instructions help investors determine the trend and entry-exit points.
Dave The Wave: “BTC has been re -adjusted to the weekly Macd zero line.”
On a single screen instant prices, important data, news, latest developments, comments and discussions at Chat! Come right away from your eyes!
Price Movements
Analyst said that the price movements he observed in the daily graph, Bitcoin rose to $ 74,000 in 2024 and withdraw a similar model with his withdrawal of $ 50,000. Dave The Wave added that the price could go down to $ 80,000 at 0.382 fibonacci level and then rise.
Dave The Wave: “Here is BTC Lunapkark Train.”
At the same time, the analyst who finds signals of decrease in the short and medium term is positively evaluating long -term positions. In his comments, he predicts that crypto activity can reach new summits after the completion of the technical consolidation process.
MacD and Fibonacci vehicles used are among the technical analysis methods preferred by investors to identify potential support and resistance levels.
Bitcoin lingers around $ 95,503, according to the analyst’s data, these values indicate that the fluctuations observed in the market may continue.
The technical signals observed in the markets are seen to indicate possible choice movements in Bitcoin, as well as long -term rise expectations. It is recommended that investors consider risk factors when evaluating such analyzes.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
