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The crypto analyst who predicted Bitcoin would crash this year is revealing what he thinks will be the bottom price for the benchmark cryptocurrency (BTC).
“BTC – Some of the reasons why I think we should see new lows in the coming days:
BTC broke the $30,000 support zone, which was the main pivot of the bull run. This is a zone, not a level. It’s between $29,000-$31,000, taking all the wicks. Now it’s testing that zone as resistance.”
The analyst says that Bitcoin could drop to as low as $21,000 before it will go up.
“The minimum target of the bear flag hasn’t been reached yet ($23,000). You can also see this on altcoins, where some of the main targets haven’t been reached yet.”
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🔴 DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
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▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
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