It’s been a tough week for investors, and the Fed meeting didn’t give cryptocurrencies what they wanted in the short term. We have talked a lot about the reasons for the decline in the last 12 hours. Now let’s take a look at what popular analysts expect next. What about individual investors? Bitcoin 
$86,989.86 How many dollars will it drop to? The analyst’s current evaluations tell us important things.
Individual Investors Sell
The biggest reason for the declines in the last 2 months is the investment of OG investors. BTC While he was making the sale, individuals joined him in great panic. Too many investors are tired of the pain of shallow moves and rallies that always end in declines. In cryptocurrencies Those who experience these boring periods know that there is no such thing as easy money, and those who enter crypto during the rise face the truth when they start experiencing these periods.
JA_Maartun shares the chart below and says that individual investors continue to sell. This explains how every hill ends in failure on the technical side.
“Are retail investors on the Coinbase exchange capitulating? Last week, mid-sized orders ($10,000-$1 million) held steady at $381 million…
Meanwhile, the flow of retail investors ($10,000 and below) is falling sharply, and the cumulative volume gap is currently down to -$58 million.
Whales are quiet, but small investors are selling.”
3 Important Cryptocurrency Analysis
Of the other 3 charts, 2 are about Bitcoin and one is about ETHBTC. Altcoins have become a mess, and almost all of them, except for a handful of strong ones, have suffered heavy losses. Michael Poppe ETHBTC He was trying to understand what awaits us for altcoins in general by looking at the chart.
“The higher time frame held for support and then continued to show strength with a clear break above the 20-day moving average.
A normal correction is occurring and it remains above this important indicator. “I expect this to pause for a while before resuming the uptrend.”
Despite Poppe’s extreme optimism, the outlook for altcoins is not great and the outlook is not good heading into the weekend.
Sharing the chart above, Mark Cullen points to $87,700. Stating that the pink box marked on the chart should be protected and the support must be maintained, the analyst hopes to see an increase after the last move, which he defined as a “sell the news” decline.
Finally, Jelle says that BTC within the rising wedge will move to the resistance level. However, for this, the 2025 opening level of 94 thousand dollars must be maintained. Before either $88k or $94k breaks permanently in crypto It looks like the boring movements will continue.
