Master Ananda’s cryptographic analyst said the bottom is at the Bitcoin price A huge disaster below $ 80,000 last week. According to this, the analyst revealed what to expect from the flagship crypto.

IN Post TradingviewMaster Ananda claimed that the bottom is based on the current Bitcoin price. He stated that last week, drop, touch-and, is a perfect lower signal. The analyst also noted that 78,300 USD can be taken as a bottom, which is a 28% decrease BTC’s All-Time High (ATH) $ 109,000.

Master Ananda also noticed that it was a classic retrace, because he is always one after sturdy stubborn breakthrough. He explained that this classic retrace is good at the Bitcoin price, because the flagship crypto will devote time to building strength. The analyst added that devoting time to development is good and is the only way it can work if BTC is moving higher in the long term.

Meanwhile, which will be in the price of Bitcoins, the cryptographic analyst stated that the average daily price increases by USD 500 or USD 800 may reveal how much time it will take to achieve higher prices and higher levels in the coming months. Master Ananda then suggested that The flagship crypto can reach USD 200,000 next month.

Then the Master Porahada informed the market participants to buy and stick because the Bitcoin price is low. He added that the market gives a second chance because market participants have a chance to buy at relatively low prices. The cryptographic analyst also mentioned that BTC is in the accumulation phase and stated that it would boost and develop in a long term.

Btc recovery of rush

Cryptographic analyst Titan of Crypto He also confirmed that the price of Bitcoins is recovering. He noticed that BTC reacted strongly to Kijun, acting as support on a weekly chart. The analyst added that the weekly close to Tenkan for around $ 94,000 would confirm the change of shoot and strengthen the stubborn argument behind the flagship crypto.

Meanwhile, in another post X, the analyst stated that Bitcoin Bull Market is still turned on. He claimed that according to the Supertrend indicator, he was not in sight. Therefore, the analyst believes that this is not yet time to be a bear. His accompanying table suggested that the price of Bitcoins could still accumulate up to over USD 200,000 before the start of the bear.

At the time of writing this text data with coinmarketcap.

A distinguished picture from LinkedIn, chart from tradingview.com