A well -known crypto strategist, Bitcoin $106,616.75In the short term, while the tendency to rise in the short term, warned that the trend could end suddenly. Analyst, known as Bluntz, said in a statement in the social media platform X, Bitcoin’s daily graph is the mismatch of the bear. It is seen that the attention of market observers is turned to a decrease in the acceleration of the rise and the possibility of the price of a major retreat.
Potential return signals in Bitcoin
Bluntz draws attention to the technical indicators that indicate a possible return in Bitcoin’s price movements. According to the analyst, the weakening of acceleration in Bitcoin daily graph, despite the rise in the price, may be stimulating for investors. Analyst also states that a similar bear mismatch was last seen last year. Analyst used the following statements:
Here, if the closing comes with red today, daily BTC month mismatch will occur. It is sad that this emerged before the new peaks, but it is the first time since last year. I think you should be careful in long positions.
The news, Bitcoin’s current price is stated as 105,546 dollars. In technical analyzes, it is thought that bear incompatibilities can create downward pressure at prices. Market participants may adopt a cautious approach following the existing signals.
New targets in Gold and Floki
Bluntz includes not only crypto currencies but also traditional investment instruments in his analysis. According to the analyst, it is suggested that gold completed the ABC corrective wave and can step into a new golden age on the rise. Analyst using Elliott wave theory, thinks that a new record attempt in the price of gold is close. Looking at the shared graph, it is estimated that gold can reach $ 3,600. Bluntz said:
Gold is gathering power here for the next wave of ascension.
While preparing the article, the current price of gold was recorded as 3,221 dollars. According to analysts, the potential of gold to rise from this level is supported in the light of recent technical developments.
Bluntz also included his analysis of the crypto presence called Floki and foresee that there may be a serious output after a short depreciation in this being. According to the analyst, the price of the fluoki may rise to $ 0.00018 after withdrawing to $ 0.00008. Bluntz said:
In Floki, there is a five wavy strong rise in the diary starting from the bottoms. If the price is withdrawn, I am interested in making purchases around 0.00008. I have always had a special interest in this being.
General Evaluation and Warnings in the Market
For investors, technical indicators in both traditional and crypto markets are recommended carefully. Bluntz evaluated technical signals in various assets and warned his followers about possible return points. In addition, it is emphasized that bear mismatch, especially in Bitcoin, can create fluctuations in the markets.
It is recommended that investors consider that technical analysis may not be enough to make decisions alone. Since these predictions for different assets are speculative, risk management practices of investors are important. Especially in crypto markets, high volatility and instant price changes can be observed.
The analyst’s comments do not have the quality of investment advice and it should be remembered that variable criteria in the market may affect the investor choices. Finally, the potential movements proposed by the analyst should be supported by individual research of investors and consider their own risk tolerances. All assessments are only aimed at news and general information.
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.
