About 1 hour ago one of the popular cryptocurrency analysts BTC He shared his current prediction for. Investors, whose losses in altcoins increased after the last decline, are now waiting for the recovery to begin. So, what does Roman, who is among the analysts who correctly predicted the declines, expect in the current situation?
BTC Comment from Analyst Who Knows the Fall
At the time of writing BTC price It stands at $94,250 and altcoins have experienced another round of decline. Some in altcoins While losses amounted to 5%, this loss was added to the losses in the previous big decline.
The analyst, who goes by the pseudonym Roman, had predicted some big declines. His comment was curious after the last drop and he discussed the current situation on the 4-hour chart. Analyzes in the short term can give us an idea about what will happen in the coming hours.
The person who shared the graphic above wrote:
“This latest close confirms bullish splits. Stoch also completely reset to reach higher. It would be nice to see a continuation of this range and then a breakout to start next week!
“All this choppy consolidation between 90-100k was to make a macro move higher.”
If BTC continues to stay above $90,000, this will only mean that the rise will be delayed and $110,000 may eventually be exceeded.
SUI Coin Review
BTC US markets continue their losses as they continue to linger at risky levels. cryptocurrency Volumes weakened due to the holiday week in the markets. While the total volume has decreased to 130 billion dollars, we are moving away from the days when 300 billion dollars were seen. Investors hope that a comeback will begin in the markets with the impact of Trump coming to office in the new year.
Such a decline was expected before Trump took office on January 20. However, we can see a steady rise as the concrete steps Trump will take after taking office will provide permanent benefits to cryptocurrencies.
Shared by an analyst with the pseudonym Yoddha SUI Coin The chart reflects belief in larger uptrends. Although the competition between smart contract platforms is increasing, investors are looking for potential for l1 altcoins, which have just met the bull markets. solana (LEFT) looks with his eyes.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
