Experts think that Bitcoin (BTC) is preparing for a new downward wave and may test a new bottom.
Bitcoin, November 2021 the all-time high (ATH) $69,044 after level 33,000 dollars decreased to levels, in March $48,234 together with last week, after a correction For the first time in history, it lost 7 weeks in a row..
First in History: Bitcoin (BTC) Loses 7 Weeks in a Row
Related article: First in History: Bitcoin (BTC) Loses 7 Weeks in a Row
So what do experts think about the latest situation of Bitcoin?
Some experts, in Bitcoin $28,000-31,000 dollars While some think that the range is an important support zone, your $30,000 believes in psychological support. The common view is that Bitcoin, which is currently in the process of accumulation, preparing for a new wave of decline and can do a new dip test towards.
Robert Kiyosaki: Waiting for another bottom test
Author of “Rich Dad Poor Dad” Robert KiyosakiHe shared his views on the current state of the cryptocurrency market with his followers on Twitter. shared. Kiyosaki tweeted that he still sees the future of Bitcoin as bright but expects it to test a new bottom.
I am optimistic about the future of Bitcoin. I’m waiting for a new dip test. $20,000? $14,000? 11 thousand dollars? 9 thousand dollars? Why am I staying bullish? The Fed and the Treasury are corrupt institutions. They will self-destruct before they regain their integrity, integrity, and moral compass.
Be careful and vigilant.
To help the Fed recover from the pandemic in 2020 6 trillion dollars who are among those who accuse the government when it prints too much free money. KiyosakiAfterwards, he warned his followers about an expected dollar collapse in many posts and warned everyone. bitcoin, silver and gold he was called to take.
Peter Schiff: Surprised Bitcoin is holding up so well
Nicknamed the “Golden Bug”, known as the anti-Bitcoin Peter SchiffThe last thing he did about Bitcoin in sharing He said he was surprised that current support is working so well, but thought it was nothing more than a bull trap to lure more investors.
I have to admit I’m surprised that Bitcoin is holding up so well. But don’t be sure of yourself, HOLDs. The market never gives investors that much time to buy the bottom. This is much more likely to be a bull trap to lure as many buyers as possible before the next big drop.
schiffmany times in his previous posts bitcoin‘of, 30,000 dollars If the price loses the support level significantly, your $10,000 He said he could go under.
Bloomberg Analysts: Another drop possible
Bloomberg analysts, in the latest forecast they published, Bitcoin’s lowest level last week, from $26,900 approximately 15%Although it is recovering close to a new fall He made room to come.
Available on the hourly chart they shared shoulder-head-shoulder (OBO) formation is active when the price falls below the neck region, and the tops formed by reaction purchases inverted bowl formation Analysts noted that elimination of the risk of falling for your price Above the $30,800 level He said he should go out.
CoinGecko according to data in the last 24 hours 3.8% appreciated Bitcoin (BTC) at the time the news was written at $30,316 is being traded.