Approaching $30,000 during the day yesterday bitcoin After the unfounded news in the evening hours, it experienced a sharp decline.
Investors struggling to recover $30,000 BTCThe well-known cryptocurrency analyst wonders when . CrediBULL Crypto He shared his predictions about the BTC price.
Stating that it is a good sign for BTC to consolidate below $30,000, the analyst said, BTCHe claimed that the longer the coin stands between $25,000-30,000, the sooner the new ATH will arrive.
“I am happy that BTC stays below $30,000 for as long as possible before the next bullish phase begins.
Because the more time we spend between $25,000-30,000, the less time we spend on the new ATH path this year to reach $40,000, $50,000, and $60,000.”
Happy to spend as much time under 30k as possible before the next leg up starts. The more time we spend chopping around between 25-30k the less time we need to spend chopping around 40, 50 and 60k on the way to new ATH this year. $BTC
— CrediBULL Crypto (@CredibleCrypto) April 26, 2023
Bitcoin, which has seen a tremendous increase since the beginning of 2023, exceeded $ 30,000 on April 11 and remained above $ 30,000 until April 19, when it began to fall.
During about a week’s decline BTC It threw a needle under $27,000.
BTC, which rose above $ 30,000 with the rise experienced yesterday, rose to $ 29,900, but this rise did not last long. bitcoin It fell by about 7% in just 1 hour and fell to $ 27,200 in the continuing decline.
It was understood that behind the sharp fall of Bitcoin, there were erroneous statements that there was activity in the wallets of the US government and Mt.
*Not investment advice.
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