One of the most famous analysts in the cryptocurrency industry emphasized that he expects a serious decline in his prediction, which he made days before Bitcoin experienced a sharp decline. Analyst Smart Contracter made a statement on Twitter. bitcoinunder $40,000, EthereumHe also stated that he expects .
Fall Starts for BTC and ETH
In his statement on September 18, the analyst emphasized that he sold profits and sold most of his altcoin positions. Stating that BTC and ETH will enter a deep correction, the analyst pointed to $ 36,000 for BTC and $ 2,600 for ETH, filling the hearts of investors with fear.
took profit on a whole lot of my sub positions despite how bullish i think they may look.
i think btc and eth are both about to put in deeper C waves correcting the 5 wave rises they both had from the july lows and a push down to 2.6k and 36k respectively will affect everything pic.twitter.com/SDzWyW2404
— Bluntz (@SmartContracter) September 17, 2021
Although he expects a decrease in BTC, the analyst, who thinks that it will rise from the bottom level, expects record levels to be seen after this downward movement, as stated in the chart.
In his continuation statement, the analyst stated that if ETH regresses to $ 2,700, things could get much worse. The analyst also stated that ETH has lost its support on the 4-hour chart, underlining that $2,700 is inevitable.
Stating that no one will want to buy ETH when the price drops to $ 2,700, but this is the buying point for him, the analyst called to be ready for a sharp decline.
Another popular analyst, Crypto Birb, emphasized that everything will change in December. Emphasizing that everything will be very different in December and everyone will be incredibly rich, the analyst underlined that he actually expects a very solid rise.
This December will change our lives forever. Many people will get filthy rich. I’m ready to take you for this final journey with me. Get your seat belts on. It’s coming.
— CRYPTO₿IRB (@crypto_birb) September 19, 2021
Bitcoin’s decline, which started hours ago, shows that Smart Contracter is right for now, but that may change over time.