Kraken filed for an IPO with a valuation of $20 billion. AI and technology companies are announcing new partnerships with Saudi Arabia, and Trump will make statements at press time. While all this was happening, Bitcoin 
$91,356.83 It is sold for $89,700. We’re starting to see those annoying giant 15-minute red candles again. Roman Trading made a reasonable prediction.
Crypto Oracle Prediction
Bitcoin decline While it was alive, altcoins started to lose blood rapidly again. Fed minutes will be published within 2 hours. cryptocurrency The prophet talked about what he expects before BTC accelerates its decline. For the last 3 quarters Roman Trading has clearly of BTC He kept saying that he would bottom out before reaching the larger ATH level. The analyst, who was sure of the decline due to the deterioration in the weekly and monthly chart structures, was right for now.
The analyst who shared the chart above says that BTC will bottom around 50 thousand dollars and then he starts buying with DCA. The strategy is to pay a regular fixed amount, for example $100, every week or month. BTC purchase will do. We call this DCA.
“My plan is to start DCA around $50k if we get to that level. We will be down about 60% from the all-time record – on average every bear market is down 80%.
Is this the bottom? “Probably not, but my plan is the same as 2022: buy as much as I can when it is near the bottom.”
Jelle and DaanCrypto
After the annoying prediction in the first part, let’s take a look at the more moderate analysts. Since we have discussed the reasons for the decline at length in previous evaluations, I will directly share Jelle’s current chart prediction.
“Bitcoin It is down nearly 29% from its all-time high yesterday. We are approaching deeper corrections closer to the 32% low we saw earlier. Consistent with the double bottom thesis, a second low is slightly lower and forms a divergence. Could the same scenario happen again?
If BTC starts to breach $90k, we will likely see a deeper bottom.
DaanCrypto futures takes a look at open interest size. According to him, corporates and whales making spot sales worth billions of dollars carry a significant amount of short positions.
“It is useful to follow the areas where these open positions are concentrated. If the price returns to these areas, you may see some short sales begin to be closed. But to reach these areas, you need to capture the spot market first.”
