Veteran Analyst Says Bitcoin Has Massive Support Between $25,000 and $30,000, Reveals Two Major Upward Resistance
The post Veteran Analyst Says Bitcoin Has Massive Support Between $25,000 and $30,000, Reveals Two Major Upward Resistance appeared on BitcoinEthereumNews.com.
Famous cryptocurrency analyst Ali Martinez talked about the Bitcoin price in his statement. According to Martinez’s statement, BTC price formed a massive support barrier between $25,000 and $30,000. The analyst argued that the next important resistance points for Bitcoin price are $38,440 and $47,360, according to the UTXO Realized Price Distribution (URPD) model. However, another important analyst, il Capo of Crypto, said that the possibility of being wrong in his statements in favor of the bear in BTC has increased and that the bear scenario will be considered invalid unless there is a decline below $ 30,000. Il Capo’s statements were met with extreme surprise because this analyst is considered one of the most short-sighted analysts in the cryptocurrency world. il Capo has repeatedly said that his ultimate target for BTC is $12,000. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/veteran-analyst-says-bitcoin-has-massive-support-between-25000-and-30000-reveals-two-major-upward-resistance/
Filed under: News - @ October 25, 2023 10:14 am