Famous analyst Rekt Capital shared the critical level for Bitcoin (BTC) monthly closing and talked about possible scenarios if it could not go above it.
Rekt Capital shared a post on Twitter. in the shipmentfor Bitcoin $17,150 He talked about how important the level of your level under monthly closing will lead to bad consequences implied.
The famous analyst made the following statements in his post:
There is still time for a monthly close above the $17,150 level for Bitcoin and to maintain this level as support, as it was in November. However, if there is a one-month close below $17,150, a breakout of the support to the downside is confirmed.
Rekt Capital also 17,150 one dollar level to act as a resistor If it continues, Bitcoin’s will experience a 20% decrease stated, and in this scenario, altcoins more than 20% value that you can lose He said he was thinking.
In the last 24 hour period 0.6% value The winning Bitcoin is about the level stated by the famous analyst. $ 300 under At $16,831 levels is being traded.