If This Level Is Broken, Bitcoin Goes To 30 Thousand Dollars!

DonAlt, who correctly predicted the $6,100 Bitcoin price on March 28, says that Bitcoin (BTC) must retrace a crucial level to invalidate a major move below $30,000. The analyst correctly predicted Bitcoin’s 44% rally in early January and a peak of $10,300 on February 12. Now, he says these levels should be maintained before $30,000 for Bitcoin…

DonAlt says that once this level is broken, $50,000 will be comfortably reached:

cryptocoin.com DonAlt, whose analysis we shared as BTC, touched on the levels that must be earned and held in order for Bitcoin (BTC) to reach the key resistance level of $ 52,000. The analyst’s analyzes for both aspects were:

Let’s say you’re bombarded with news, if bullish news is taken for granted, it just pushes the price up, we usually start with a little squeeze. In this case, we could easily reach the $50,000 region as we bounced back above ($44,000). At this point, we are very close to the $52,000 top.

Bitcoin should protect these levels against the danger of $ 30,000:

While the continuation of the bullish trend is in the cards for Bitcoin, DonAlt says that BTC must first close above a key level to avoid a scenario where Bitcoin drops as low as $28,000:

If anything, expect a close above $42,400. In my opinion this is the lowest level it should do. If he can’t even do that, I think he should accept it and wait for under $30,000. If it can close above $42,400, there is this must-have range (around $42,000). It’s tiny and then whether you fall apart or fall, (this) will decide the next move.

Contact us to be instantly informed about the last minute developments. twitterin, Facebookin and InstagramFollow and Telegram and YouTube join our channel!

Disclaimer: The articles and articles on Kriptokoin.com do not constitute investment advice. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.

Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.

source site