Bitcoin (BTC) has been in a declining direction since February 21, as it decreased 23 % in less than 18 days. Despite this decline, the veteran trader and analyst explains its perfect scenario for the bottom of the bitcoin price and the opposite of the rise leads to a review of $ 100,000.
The perfect scenario for bitcoin price, according to the analyst
Due to the 23 % collapse in the bitcoin price of a height of 99,431 dollars to $ 76,560, the expectations for the encryption markets were declining, at least until the BTC is a possible bottom. Rektprooof, a veteran trader who turned to $ 500 to approximately $ 360,000, has thought about the potential bottom of Bitcoin.
According to this expert, the Bitcoin price is likely to constitute a bottom in the high time demand area, and extends from $ 73,000 to $ 65,000. This means that Rektproof expects another leg down, that is, after sweeping the highest local level it has recently been formed with about $ 83,000.
The perfect scenario for bitcoin prices before 100,000 dollars BTC/USDT 1 hour
Goals of analysts after BTC?
To predict Bitcoin price goals After a potential lower formation, the analyst considers the 21 % oscillation between February 28 and March 2, and it extends from 78200 dollars to 94,984 dollars. A 78200 dollar survey may lead to a high time frame zone to a rare of about $ 95,000.
However, this is the short -term bitcoin prices that the analyst expects. From a long -term perspective, Rektproof expects that the decrease in the HTF demand area will be a bottom that leads to an absolute rise of at $ 130,000.
Therefore, the expert expects Two goals of bitcoinOne in 95,000 dollars And the other in 130,000 dollars.
Bitcoin options data hints that investors surround more negative aspect
According to the researcher and the analyst, CNO, the bottom still does not exist and indicates that “Crypto Market is still being overwhelmed on the downside.” CNO sends a warning signal to the enthusiastic bulls, indicating that there may be another flow on the downside before the bitcoin price re -85,000 to 95,000 dollars.
The basis for its prediction is the options that measure the call and put pricing options over time to measure morale in the market and the possible price direction.
in Other tweetsCNO highlights that this flow will likely happen in the next few days due to the lunar lunar, blood that will stimulate the increasing fluctuations of encryption markets, including BTC value.
So, in general Bitcoin price expectations Of the two analysts, it suggests another temporary, but negative step that can lead to a composition below before the BTC price targets $ 100,000 or a new ATH at 130 thousand dollars.
Related questions (common questions)
Rektproof expects Bitcoin to form a bottom in the high -frame demand area, ranging from $ 73,000 to $ 65,000.
Analysts expect two potential price goals: a short -term gathering to about 95,000 dollars and a long -term goal of $ 130,000.
Bitcoin options data indicates that investors are mutating for more negative aspect, indicating that the bottom may not be yet.
Akash Jerameth
Senior cryptocurrencies and strategy analysts in the market that turned into Akash Girimath analyst provided data -based visions around cryptocurrencies, Defi, and Blockchain technology for platforms like Ambcrypto and FXSTREET. It specializes in technical analysis, chain analysis, risk management, and enable institutional investors and retailers of retail fluctuations in the market and organizational transformations. Akash integrates Active Crypto Portfolio Management Active Crypto Management with research on Web3, NFTS and Tokenomics. In Ambrypto, it has led multi -functional teams to redesign content frameworks, and to achieve record traffic through the developmental editing strategies. An autopsy of market morale, investment strategies, price expectations, and mixing macroeconomic trends with trading experience in the real world. It is known for the guidance and improving workflow for highly influential reports, AKASH is cited through Crypto Global Publications, as it reaches 500 thousand readers per month. Follow his visions on YouTube, X and LinkedIn for advanced views about decentralized ecosystems and innovation.
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