While the indecision in Bitcoin continues, analysts are divided into two. While some analysts strongly argue that the declines may deepen, another part states that these levels are the bottom in BTC.
As Bitcoinsistemi.com, we share both analyst views and technical analysis data for both directions, as the more ideas are heard from the point of view of investors, the more objective and better it will be.
Immortal, which is followed closely by many people, also joined the caravan of analysts who expressed their opinions on Twitter.
Stating that the declines that started at the beginning of this month may continue until the end of October, the analyst compared the current BTC chart with the situation in 2017 and stated that a serious rally will begin after October and record levels will be reached.
According to the analyst, these decreases will be the last corrective action in BTC.
Continuing his comments, the analyst continued his explanation as follows:
“Despite all this fear in the market, it is a good sign that BTC is not falling. I think a new record march will begin when there is a rise to $45,000 levels again.”
The analyst, who thinks that we will see an upward movement for Ethereum in the coming days, is not alone in his views on the market.
CryptoCapo, who shared with his 170,000 followers, stated that these levels are the bottom and those who do not buy from these will regret it in the coming days.
If you are not accumulating between 40k-45k, you will regret soon
— il Capo Of $NOIA (@CryptoCapo_) September 28, 2021
*Not investment advice.