Bitcoin 
$95,870.81 The price is lingering around $97,000 and altcoins are still painted in the red. Although the sales have stopped for now, BTC’s ongoing closures in the current region disrupt the upward structure. If the weekly candle close is below six-digit levels, this may bring bigger bottoms in the coming days. So what does the right cryptocurrency prophet say now?
Cryptocurrency Oracle Prediction
We write that the analyst with the pseudonym Roman Trading has remained in a strong bearish mood for the last 2 quarters and has seen signs of deterioration in the long-term structure. After each rally, the analyst kept saying short selling was the best option available. There were weeks when we saw over $20 billion in long liquidations, and many times he was right.
Although he argues that there is an upward area for altcoins, he aims for deeper bottoms due to distortions in the weekly and monthly charts. cryptocurrency oracle He shared his new prediction about 1 hour ago and wrote the following;
“From start to finish, we predicted this perfectly. This provided a 1W retest of our uptrend after last week’s decline. LTF needed to consolidate to continue the decline.”
I think this downtrend will continue until the 76k region. “We will see.”
Stating that the movement on the four-hour chart has been completed, the analyst expects a consolidation to continue the decline in the short term after the weekly retest. Then the target level is 76 thousand dollars for Bitcoin. And if he is right again, then losses exceeding 50 percent in altcoins could be an optimistic picture.
Cryptocurrency Analyst Comments
Bob Loukas points out the four-year cycle repeats and of BTC He says the chances of reaching the top exceed 50 percent. In the scenario he expects, we should see a sharp rise from here.
“I predict we will see a sharp rise from here very soon. The reaction will be very significant and will be the last chance for the bulls to steer this ship to another high.”
Bitcoin, which has experienced its worst last quarter since 2018, worries people. But both BTC, stocks and gold are not that far away from all-time record highs. Although the analyst with the pseudonym DaanCrypto thinks that the rest of the year will be extremely active, he is not sure about the rise.
