The first half of the year is over and crypto currency The markets still could not attain the desired rise environment. Moreover, although all key crypto cases are over and the ETF entrances continue, dark clouds are circulating in the markets even today. A significant part of the subcoins suffered from 4 percent loss. BTC 103.260 dollars. So what does the analyst who predicts the decline today say now?
Crypto money analyst who knows the fall
Roman Trading shared the expectation of a decline this week while preparing to get into work and waiting for more good news. We announced this here and talked about the feeling of persistent decrease, unlike others. Roman Trading was right and BTC price While weakening, the Altcoins saw much more losses.
Moreover, when entering the weekend, there is a risk of strengthening the negative feeling with the weakening of volumes. In today’s evaluation, the analyst wrote the following;
“In the weekly graph, I said that the BTC was exhausted, weakened and continues. You can choose to ignore the signals as much as you want, but especially after the 7 -fold price increase, the macro bottoms are extremely normal.”
If the analyst is right BTC It may decrease to 87.534 and 76.171 dollars. These goals had granted these goals on June 10, and in those days BTC was on the border of $ 109 thousand.
Isn’t there any possibility of rising? Analyst says that the $ 108,000 zone can be tested in the scenario where the $ 103,500 level is preserved, and there may be a return with closing over $ 110,000 in an environment where it is overcome. However, he argues that the current price movement has not yet completed the bottom test.
The metrics he watched in the daily graph for the bottom are as above.
BTC estimates of optimistic analysts
Take two analysts known for their optimism. Not easy, the risk of the Third World War entered our lives in the midst of the global trade war potential. This looks like to experience something of 2 pandemia at the same time. However, there is still hope. Poppe wrote that the liquidity of deeper bottoms would be collected due to the rejection of the level of support in today’s assessment, and that the bottoms were the opportunity to buy.
Daancrypto said;
“Here we are at the lowest level of the range. It did not last long. There is an important level here. As we see today, there is too much liquidity that can be used for a quick purchase and return to the range.
The ceiling of the range is at $ 105,543 and the level that needs to be protected is 103.371 dollars. BTC The article is at 103.225 dollars at the time of preparation.
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.
