Is A New Uptrend About Crypto Leader Bitcoin (BTC) Starting! How Many Dollars is the Target?
The leading cryptocurrency Bitcoin (BTC) has recorded sharp declines in recent days. BTC, which is pushing the process, is heavily affected by the tension between countries such as China, Taiwan, Russia, Ukraine and Kosovo, Serbia.
Bitcoin (BTC), which has fallen below $ 23,000 as of today, has caused many altcoins to face a sharp wave of sales again. Altcoins, which failed to gain value during Bitcoin's rises, continue to record sharp declines with BTC's depreciation.
Anonymous analyst Liver Coin, a name closely followed by cryptocurrency investors, announced a new Bitcoin analysis chart.
Is $24,500 the new target for the cryptocurrency leader?
Noting that Bitcoin's recent sharp declines have come to an end, the famous analyst states that they now expect upward moves to begin.
According to Liver Coin, as Bitcoin forms the 2-bottom pattern, which is the trend transformation pattern, it will see $ 24,500 levels as it passes $ 23,300!
Although a rise to $ 24,500 seems likely, it seems very difficult to break this level.
It is stated that the bears put intense sales orders in the range of $ 24,500 - $ 25,000 and suppressed Bitcoin, the leading cryptocurrency.
Bitcoin, which will reach $ 30,000 if it can break this resistance level, may decline to $ 20,000 again if it cannot exceed it.
The investment information, comments and recommendations in the article are not within the scope of investment consultancy. Investment advisory services are provided individually, taking into account the risk and return preferences of individuals. The content contained herein is in no way directive and the recommendations are general in 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 accordance with your expectations.