summarizeRenowned cryptocurrency analyst Don Alt predicts that Bitcoin will generally rise.Analysts predict that if the level exceeds $30000, it will increase by $43000 to $600
summarize
- Renowned cryptocurrency analyst Don Alt predicts that Bitcoin will generally rise.
- Analysts predict that if the level exceeds $30000, it will increase by $43000 to $600.
- According to DonAlt, the possibility of a Bitcoin crash is decreasing day by day.
Cryptocurrency analyst Don Alt has been proficient in managing this yearThe rise of Bitcoin (BTC), he said, is now the time to rise, as the largest cryptocurrency trading price is slightly below $28000.
Content Guide
- Obstacles to Bitcoin's Rise: $30000
- The possibility of collapse is increasing
Obstacles to Bitcoin's Rise: $30000
Anonymous Cryptography AnalystDonAltAt the last strategy meeting, it was stated that Bitcoin has not yet entered an upward trend due to widespread resistance from bearish defenses of $30000. According to DonAlt, although Bitcoin typically drops significantly after reaching important resistance levels, its continued accumulation around $30000 can be seen as an important bullish signal:
As I said every month, there has been no decline here, and so far nothing has happened. I think this is a good thing for bulls. I can say that every week, even if the price remains unchanged, I will increase even more. To be honest, if the price rises, I will completely turn bullish. If you look at the previous highs and the reaction of prices to them, it seems that large red candle lines usually do not appear, and it is very rare for prices to fluctuate violently. It seems that it is accumulating now rather than collapsing... We have experienced a collapse, but it has not caused any consequences, which usually means that the upward movement will continue, at least in the cryptocurrency market.
Looking at the price chart shared by analysts, it can be seen that the maximumCryptocurrencyThe critical level is $30000, and if the price of a weekly candle closes above this level, it is expected to increase by as much as $43000600
The possibility of collapse is increasing
DonAlt also stated that he is waiting for the first sign of upward momentum and is starting to increase his holdingsBTC.However, this is my idea because we must move the fact that we have not yet moved... 'Is there a delay? The discussion is limited to this... You can postpone the discussion for a few days, perhaps a week or two, but if it continues, it will be difficult to argue. I think it's the same here. Basically, the longer the collision time, the harder it is to occur Using his statement.
According to data provided by the encrypted data platform CoinMarketCap, the transaction price of Bitcoin is $27987, which has increased by 2.99% in the past 24 hours.
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