Popular crypto analyst Kaleo said that a rise in the price of Bitcoin (BTC) towards $ 30 thousand is inevitable and warned investors that a “bear trap” awaits ahead.
Kaleo shared a post on social media. in the shipmentHe stated that Bitcoin is preparing for a rise towards $ 30 thousand. Emphasizing that the price, which has been below 30 thousand dollars since June, is finally ready for the rise, the analyst said that this level is for Bitcoin. “magnet” stated that.
The analyst stated that although he is determined to reach the target of 30 thousand dollars, reaching those levels will not be as easy as expected. The analyst, who expected a short-term move below $ 20 thousand before the actual rise, said that this situation will be more short He added that it will bring a directional position with it. This situation “bear trap” The analyst, who called the
According to the analyst, these short positions will increase the upward appetite of the market and lead to a “Short Squeeze” will initiate the movement. Analyst, if the continuity of this movement is ensured, Bitcoin’s until March He thinks he can see $30,000.
