bitcoin The analyst, who is known for accurately predicting the bottom price of the price in 2022 until the peak level of 2023, has published his new forecast. The analyst says that BTC is about to settle into a new range and investors should be careful. stated.
DonBottom The analyst, known by the pseudonym, stated that the cryptocurrency market is currently in a range where traders with leveraged positions can make losses. According to DonAlt, it would be correct to avoid the $20,000 to $30,000 price zone.
Under $30,000 and over $20,000 are lies. We are at the stage where the market will go as high or low as necessary within these limits to make all leverage traders lose. I think be careful or you know.
The analyst announced that he would re-invest if Bitcoin fell to $20,000 last week and rose above $30,000. The reason for this is that the $20,000 to $30,000 range is not an area worth the risk.
The general plan for me is this: If we manage to get back $30.00o, I will buy back the BTC I sold at around $30,200. If we test $20,000 again, I’ll take it too. But as long as it stays between the two levels, I will remain calm.
DonAlt has made impressive profits in Litecoin (LTC) and XRP, which it bought at about the same time as BTC, as well as its Bitcoin position, which it closed with a profit of about 90% after buying at the November 2022 low.
You can follow the current price action here.