Is the Cryptocurrency Leader Sounding the $10K Signal for Bitcoin?

Is cryptocurrency leader Bitcoin going down? Are the $10K signals ringing for the popular crypto giant? New commentary was recorded from the analyst famous for his sharp decline predictions about Bitcoin. Here are the details...

The situation in Bitcoin, the leading crypto of cryptocurrencies, which is in a downward trend, is not very good. A new comment came from the famous analyst about cryptocurrencies that have been recording sharp declines for a while. He again signaled a warning from the analyst who predicted the decline in BTC in 2015 and 2018.  According to the indicator called "Pi Cycle bottom", it was stated that danger bells are ringing for Bitcoin. Bottom Signal for Bitcoin! 10 Thousand Dollars Can Knock the Door In 2015, Bitcoin's bottom came when it bottomed out at around $160. This was followed by a $20,000 rally in December 2017, a bull period of almost 12,000%. Similarly, during the second crash period in history, 2018 marked the end of the bear cycle. It also recorded a 2,000% price increase from around $3,200 in December 2018 to $69,000 in November 2021. This week will mark the third Pi Cycle bottom in history, according to Bitcoin's 150-day indicator. According to the analyst, Bitcoin is more likely to fall to $ 10,000 than to jump to $ 30,000. Source: teknolojioku.com The investment information, comments and recommendations contained herein do not constitute investment advice. Investment advisory services are provided on a personalized basis, taking into account the risk and return preferences of individuals. The content, comments and recommendations contained herein, which are in no way directive in nature, are of a general nature. These recommendations may not be suitable for your financial situation and risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not produce results in line with your expectations.