Can Bitcoin bounce?
Here is the opinion of 2 big market analysts on #Bitcoin :
COMPLETELY BEARISH. Why?
This is his analysis. Goes as follows..
Source : https://twitter.com/CryptoCapo_/status/1557803990116716544?s=20&t=KmaGQdE-MI-4m4BaufRV2g
- Last bullish touch at $25500.
- Bearish momentum starts again.
- Breaks Support trendline (already getting weak by forming so many supports).
- Stops bearish flow at $16000.
BEARISH WITH A BULLISH SCENARIO. What?
He has 2 opinions :
Bearish : break below $22000 will lead to $10000 as a touch.
Fact : This $22k is the same trendline support as of Capo, important level to notice.Bullish : If breaks above $26000, leading to $40000. Here for him it's most likely not going to happen. Capo isn't having such a thought. Goes as follows..
Source : https://twitter.com/profit8lue/status/1558775563002621952?s=20&t=KmaGQdE-MI-4m4BaufRV2g
- Breaks $26k.
- makes a retest after touching $28k.
- sustains at $32k - $28k.
- boom to $40k.
REMEMBER AS PER HIM, CHANCES OF THIS HAPPENING IS NEVER.
We've found Crypto in your hashtags, reshared to @crypto.defrag