The well-known crypto analyst DonAlt announced that he sold most of the BTCs he bought from the bottom levels, as he expected a deep correction in Bitcoin.
DonAlt, who made a name for himself with his correct predictions, in the right spot for a deep fix said we are. Referring to the recent price activity in a recent video, the analyst described it as the bottom levels. from 18 thousand dollars received He sold a significant portion of BTCs around 28,700. he added. If the price given by the analyst for the possible correction target is 25 thousand dollars was the band.
Anticipating the potential for a short-term pullback, DonAlt thinks the overall bullish trend for Bitcoin is solid. So much so that he is already afraid of missing the ascension. (FOMO) lives:
Everything is finish? In short, no. I do not think so. I’m not going to lie, I’m already feeling intense FOMO. I got some from today’s highs and I still feel FOMO.
The problem is in the daily chart
According to the analyst, Bitcoin’s monthly chart also looks great for bullishness, but there are notable signals for correction on the daily chart. Underlining that the last structure formed in the chart looks like a bearish pattern, the analyst said, 25 thousand dollars He said he wouldn’t be surprised if there was a fix for his region.
On the other hand, he reminded that Bitcoin broke a macro falling trend on a monthly basis and Terra (Luna) He pointed out that the declines experienced after disasters such as these have also recovered in terms of prices.
CoinGecko data in the last 24 hours 0.9% decrease living Bitcoin at the time of writing from $27,938 finds buyers.