Benjamin Queen encryption analyst predicts a multi -monthly correction of Bitcoin, as it says time to tear spacecraft for Altcoins
A trader who continues to build followers with timely calls on Bitcoin (BTC) and Altcoins is a warning in the broader encryption market.
Benjamin Queen encryption analyst tells his followers a million people on the social media platform X that he is Sees Support Bitcoin breaking at $ 100,000.
“It is likely that you see BTC again in the Taurus Market Support Squad soon, again in a range of $ 90,000.”
The bull market support is formed through the simple moving average for 20 weeks (SMA) and the SIA moving average for 21 weeks (EMA).
analyst He says Its prediction depends on the movement of Bitcoin in the past two years, when Bitcoin has begun rolling and giving up gains in the third quarter.
“I mentioned for a while on YouTube that Bitcoin is likely to start showing some weakness in mid -June, when twice the third quarter begins to present itself.
The same thing happened in the past two years.
I think the next level is around August. ”
At the time of this report, Bitcoin is traded at $ 105,092.
Looking at Altcoin, Queen Market Warn The expected bitcoin correction will lead to a brutal surrender event for Alts.
“It may be time in the end to tear the spacecraft for ALT / BTC husbands.
To its lowest level! ”
The ALTCOIN chart indicates that ALTS loses faster than BTC.
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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