Two well-known analyst leaders in the Turkish crypto market shared their forecasts for crypto Bitcoin (BTC). we too cryptocoin.com We have compiled the analysts’ posts for our readers.
Paradator’s magic numbers for Bitcoin
Crypto analyst Enes Turan, also known as Paradator in the crypto market, explained to his 753 thousand Twitter followers some technical levels and targets for Bitcoin. The analyst says that the $41,600 resistance for BTC has been passed, the $45,400 resistance is next, and the target is first $53,000 and then $57,000:
We said $41,600 resistance in BTC, it was passed. Now it is the $45,400 resistance. If a daily close or a weekly close above this point is exceeded for two consecutive days, we will have a target of $53,000. After $53,000, $57,000 is an important point for a bullish trend. 41-45-53-57 magic numbers.
The analyst marks the top of all-time highs with the break of $57,000 in BTC:
With the weekly break of $57,000, we can see sharp movements accelerating towards $72,000. $72K is psychologically a target above ATH. And most people will have a shorting point. Most people will say that the movement of around $72k – $80k is over.
Paradator sees $72,000 as the point where the tail of the calf will break for Bitcoin. According to the analyst, from here on, it will either go above $100,000 or return to the $30,000 levels:
This is where the calf’s tail will break off. It will either go to $120,000 or, as expected, it will go down to $30,000 again from there. The market will make a decision. At this point, BTC dominance should be followed closely. If the 48-49 thousand dollars line is exceeded in domination, it means that BTC will continue to record records. The next 3 months are important.
Enes Turan, as an alternative scenario, states that if $45,400 in Bitcoin is not exceeded weekly, it will see sales again and may decline to $35 thousand. That’s why the analyst sees the $45,400 line as crucial.
Popular analyst is targeting above $50K
Another popular crypto analyst, Erhan Ünal, states to his 423 thousand Twitter followers that the developments in the world provide a good momentum for the market and says that the target for Bitcoin is the region of 52 thousand – 53 thousand dollars.
It has gained a good momentum in line with the developments in the world. The target of this momentum is the $52,000-$53,000 region.
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