bitcoin, While the week in which inflation data will be announced in the USA started with sales, the price approaching to $40,000 levels again made investors nervous.
Some analysts who shared with the last drop shared their expectations and their own moves.
“I Will Not Hold The Falling Knife”
Expressing that he will not catch the falling knife, Kemal Nocturnal, nicknamed Crypto Kemal, stated that he will not open a trade until the turn signal comes.
“It is risky to try to reach the bottom when there is a bitcoin that is so eager to fall.
“Waiting for Ascension to the Week”
Erhan Ünal, who stated that he did not sell the products he bought until now and continues to keep them in his portfolio, stated that we must first reach the level of $ 48,000 in order to return to the old days of rise.
“Bitcoin continues to be under pressure as it failed to break the $48,000 level.
The nearest Major support level is $40,625. I expect the $48,000 level to be tested again next week, not this week. Market conditions are boring. We continue to keep our investments.
After $48,000, a period will begin where we will see a general uptrend in both BTC and Bottoms. Those looking for new buys and safe zones at the bottom can follow the above $48,000 BTC price.”
“I Expect Bitcoin To Hold In This Space”
Evaluating the latest situation in Bitcoin, Selçuk Ergin, nicknamed Selcoin, stated that he expects the $40500 and $41500 band to function as a support in Bitcoin.
“Bitcoin is in a nice support area and I expect it to hold here. There was a hard relaxation in 3-4 days. One of the reasons I expect it to hold here is the US inflation data that will be released tomorrow.
I expect these data to have a positive impact on the gold and crypto money markets and bring upward movements. Of course, this is my personal prediction.”