The technical analyst, known for predicting the big decline in the crypto currency market in 2022, Donalt, Bitcoin $83,287.54He said that the current price levels should be considered. According to the analyst, harsh decreases may be experienced if Bitcoin has the potential for upward movement in the short term, if it is rejected from strong resistance points. Based on technical indicators, these warnings reveal that investors should act cautiously. Donalt said that the market is currently watching in the “Dangerous Zone, and that the price can make harsh moves in both directions.
Resistance zones and possible scenarios in Bitcoin
According to Donalt, Bitcoin is currently on the border of an important technical threshold with a price of around $ 82,788. These levels stand out as points where harsh price turns in the past. Analyst emphasizes that investors should not be extremely optimistic with the words, iz We are still in the danger area.
The point that draws attention in the technical analysis is that Bitcoin may face a downward correction if it is not permanent at these levels. In particular, moderate resistance zones can create the appropriate ground for the price to fall again. Donalt said, “If you are on the bear side, this can be the best opportunity. Because if not rejected at this point, where else will be?” he warns the investors who evaluate the bear scenario. According to this perspective, it would not be surprising that Bitcoin will decrease to the $ 70,000 band if the price is resistant in this region.
Eyes for rise are at the level of $ 90,000
However, the analyst also states that Bitcoin can recover if a positive macroeconomic environment and technical breaks are combined. One -day closure, especially over the $ 90,000 level, can be a harbinger of a whole new wave of ascension in the market. Donalt states that if this scenario is realized, the range of 95,000, 102,000 and then the $ 110,000-120,000 may be potential targets.
This rise scenario is strengthened not only from price movements, but also from general market sensitivity and economic developments. According to the analyst, if these levels are exceeded, it is only a matter of time for Bitcoin to reach six digit values, which are psychological boundaries. But this expectation makes it difficult to make a definite direction determination, given the current fragile balances. External factors as well as technical indicators are among the main elements that will determine the direction of Bitcoin.
When the uncertainty continues, it is necessary to be cautious
The most critical issue for investors is to read correctly how the market will be shaped in the light of these technical assessments. During this period, when both decrease and rise scenarios are on the table, especially the levels of resistance and support should be approached carefully. Donalt’s analysis points not only to short -term fluctuations, but also to long -term potential.
While volatility is high in the crypto currency market, technical signals and market psychology continue to be decisive in investment decisions. Any step to be taken in the current situation may seriously affect the profit or damage positions of investors. For this reason, both technical data and macro developments should be monitored carefully and strategies should be reviewed just in case.
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.
