Bitcoin $95,771.38 It did not start next week and today it continues to move towards deeper bottoms. At the time of the article, the price is at $ 94.280 and the subcoins are experiencing losses exceeding 5 percent. The only thing that rejoices old investors is that the price of left coins is falling faster than others. We come to the end of the pumpfun -style stories that turn the crypto into a casino and cause millions of useless token. Crypto money drop What do the experts say for?
Crypto coins fall
Today, although there is no significant negativity in the US markets, we see that the price of BTC is experiencing increasingly larger losses. On the way to 108 thousand dollars, the BTC crushed the subcoins and did not have any other results when the BTC returned to the opposite direction.
With SP500 BTC The correlation has been reset, many indicators say that the increase in crypto currencies should start. However, under the leadership of BTC, crypto currencies have even been affected by the slightest macroeconomic developments. This is basically the reason for the lack of volume and this volume is one of the reasons for the pumpfun -style casinos in the Solana network.
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Bitcoin interpretation of experts
Stockmoney Lizards mentioned that in his previous assessment of the Long positions could be visited for the liquidation of long positions. If the current trend persists, we can see that the level of 94,000 thousand dollars has been lost.
“As stated yesterday, the first part of the liquidity below 95 thousand was taken.
However, in the medium term, we seem to go down to one level to remove the liquidity in the red box below. ”
Bitcoin may decline to $ 92,000. Kyle pointed out the lock support point by drawing attention to the short -term SOPR data in today’s evaluation.
“Short -term SOPR is just below 1, between 0.97 and 0.99 – it is not a great point if you are overlooked. 92 thousand dollars BTC The lock support for, but the real security net is 80 thousand-89 thousand dollars near EMA 200. Before the actual movement begins, it wouldn’t be a surprise to see that some fake exits shook the breaking traders. ”
About 3 hours later Trump He will sign new executive decrees and the Fed minutes will come tomorrow at this time. There is a lot to see as an excuse for BTC. Therefore, investors may be cautious.
If crypto coins recover and earn in the near future, no one can tell you that you are lucky. It can be for example how compelling the gains in the crypto are today.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
