Kryptographic analyst, Kevin Capital, provided insight into where the Bitcoins price was measured. The analyst referred to current liquidation data, revealing that there are currently $ 16 billion Possible liquidation From the current price of BTC to the price level of USD 107,000.

Data on liquidation indicate that recovery of bitcoin prices is inevitable

IN X PostKevin Capital revealed that long liquidation is only $ 1.5 billion from the current Bitcoin price to the price level 77,000 USD. On the other hand, $ 16 billion is at the current price level $ 107,000. The analyst noticed that this is one of the biggest differences in history.

In addition, he noticed that market manufacturers prefer to transfer prices where they can the most transactions. Therefore, it suggests that the price of Bitcoins may bounce because these market creators want to gain liquidity on advantages. Kevin Capital He noticed that patience is still needed, while the 3-day is solved. He added, however, that in general, things look a bit clear to bulls.

The price of bitcoins has crashed over the past two days, falling to USD 86,000, which causes fears that the bull run may end. However, Kevin Capital’s analysis ensures optimism that Bull Run is far and that the flagship crypto can continue to regain the price of $ 100,000 and may reach fresh Maksima.

Long -term BTC owners It also seems certain that the price of bitcoins will continue to rise. In post X, the cryptographic analyst Ali Martinez revealed that they gathered almost 20,400 BTC after a piercing sale, which began two days ago.

BTC can still fall to a minima of $ 80,000

Cryptocurrency analysts Ali Martinez And the Titan of Crypto suggested that the price of bitcoins can still fall to the lower part of the range of USD 80,000. In the X Martinez post he stated that Bitcoin shows similarities to the top of the market square 2021. In addition, he noted that if this pattern persists, there may be a period of consolidation at current levels before the next leg for BTC.

His accompanying table showed that the price of Bitcoins may drop to USD 80,850 when the next leg will occur. Titan of Crypto He also raised the possibility of a BTC decline to USD 81,000. He stated that BTC was breaking the trend line and is immersed below the last wick. He claimed that the weekly BTC candle did not recover the trend line, he could send the flagship crypto to the next support, i.e. Kijun at USD 81,000.

At the time of writing this text data with coinmarketcap.

A distinguished painting from Istock, chart from tradingview.com