A cryptographic analyst at the dormitory who called Bitcoin Price Crash early, revealed his total forecasts regarding the trajectory of the flagship cryptography in the compact and half. Based on these BTC forecasts, another disaster is to occur, which can send the price as low as $ 80,000.

What next for the price of bitcoins

IN Post TradingviewThe dormitory predicted that the price of bitcoins may drop to USD 80,000, while revealing its compact trade strategy for flagship cryptography. The accompanying chart of the analyst showed that the flagship crypto can return to the range of $ 80,000 and even fall as low as $ 60,000.

Determining his trade strategy to keep BTC compact circuitHe said he expected the flagship crypto to continue. The analyst told traders that it was possible to enter the trend level, which he emphasized on the charts if the activity in feed or volume is replaced.

Indeed, the price of Bitcoins currently has a bear’s perspective because it dropped to $ 93,000 yesterday, after which the psychological level of support worth USD 95,000 is reflected. Cryptographic analyst Ali Martinez The current price and the way the flagship crypto is threatened was provided if the lower falls.

WX Post said that the price of Bitcoins is directed to a supply wall of 1.88 million BTC to USD 97,000, while support of USD 94,500 is supported by only USD 695,000. Martinez noticed that this imbalance can play a key role in the next move. This indicates that there is a greater supply than the demand for the flagship crypto, which exposes it to a decline lower centuries ago to up-to-date ups.

In another post X, the analyst also noticed that Bitcoin’s mining activity had been decreased in the past, prolonged price corrections. This suggests that BTC may still fall lower before the next rally to up-to-date local ups.

Long -term BTC perspectives are still stubborn

In the post X Crypto analist Titan of Crypto He stated that the long -term trend of Bitcoin prices remains stubborn. It happened when he noticed that Bitcoin was still in the field of consolidation. He added that as long as BTC remains in the scope, there is no clear compact -term direction of the flagship cryptocurrencies.

Meanwhile, Martinez stated that the market is currently at the “depression” stage Market cycle. This suggests that the price of Bitcoins is still obliged to register the last pump before the end of this cycle. The stage of “disbelief” usually occurs after the depression stage, during which the flagship crypto enjoys a “loser rally”.

At the time of writing the price of bitcoins, it is about USD 95,300, according to the last 24 hours, according to data with coinmarketcap.

A distinguished picture from Unsplash, tradingview.com chart