Jake Wujastyk, Vice President of TrendSpider LLC and famous trader, thinks that Bitcoin (BTC) may fall back to its monthly closing price of 2017-2019.
Jake Wujastyk has a recent twitter In his post, he suggested that the decline in Bitcoin may continue. Bitcoin in price prediction 2017-2019 Wujastyk, who stated that the monthly closing prices he made in the years of 2000 may work as new support levels, described this forecast as “a good possibility”.
Bitcoin’s new support level according to the monthly closing levels pointed out by Wujastyk 10,760–13,716 dollar may be between. bitcoin 2017 in the bull run $19,800 monthly closing after reaching the levels $13,716 level was accomplished. Same way 2019 Bitcoin, which witnessed a rally in the middle of the year, in July 2019 $13,880 even though the bear $10,760 level was closed.
CoinGecko According to data, Bitcoin is in the last 24 hours. 2.1% experienced a decrease and At $16,218 traded in the market.
Recently BitMEX former CEO Arthur Hayesstated that Genesis would not be able to overcome the liquidity crisis it was in, and as the new bottom price for Bitcoin. 10,000 dollars had pointed out.
