Top Trader Warns Bitcoin (BTC) Support Looks ‘Weak AF,’ Analyzes Total Crypto Market Cap - BitcoinEthereumNews.com
Bitcoin क्रिप्टोशीर्ष व्यापारी ने चेतावनी दी है कि बिटकॉइन (बीटीसी) समर्थन कमजोर वायुसेना दिखता है, कुल क्रिप्टो मार्केट कैप का विश्लेषण करता है06 / 17 / 2022बिटकॉइन एथेरियम समाचार A widely followed crypto analyst is warning traders Bitcoin (BTC) looks ready to fall further along with the rest of the markets. Crypto trader Justin Benett बताता है his 101,300 followers that BTC will likely fall at least 15-25% before a rebound. If BTC takes out this trend line and especially the $20,000 area on the daily chart, we likely get that capitulation. Still another 15-25% to go [in my opinion]. That means at least another 30% lower for most altcoins. स्रोत: जस्टिनबेनेट एफएक्स / ट्विटर Re-analyzing his trendline again two hours later, Benett चेताते the support looks incredibly unstable. BTC testing [the trendline] again. Looks weak af. A close below [the trendline] and crypto unravels even more. Bitcoin is trading for $20,671 at time of writing, still above Benetts predicted trendline. The crypto trader turns his attention to the total crypto market capitalization (TOTAL), याद दिलाता traders he expects the previous cycle peak will act as support for the current markets. I posted this a while back, but $730 billion is the measured objective and the previous cycle peak for TOTAL. $670