Within the scope of the latest developments in the markets, an experienced crypto analyst, Bitcoin $96,228.6He said that despite the recovery of the basic weaknesses, he said. In the strategy session, the analyst shared his views that BTC could decline for a certain period of time. The explanations emphasized that the fluctuations seen in the market should be at the attention of investors.
Bitcoin price targets
According to analyzes, after the current recovery of Bitcoin, the price is likely to land between $ 88,000 and $ 90,000. While it is recommended that investors closely follow the situation, the fluctuations observed at the price level may create uncertainty in the market.
Crypto Capo: “Despite the strong recovery, the basic weakness continues. After a second decline, the target price of the BTC may be around $ 88,000-$ 90,000. In some subcoins, 10-30 %depreciation is expected. ”
Altcoin and breast assets
In the strategy session, Bitcoin, as well as subcoins may be affected negatively. It is considered that the withdrawals in the market can play a role in short -term recovery. This situation is recommended to be taken into consideration by investors with a digital asset portfolio.
Crypto Capo: “Breast assets have been withdrawn by an average of 60-80 %in recent weeks. With the formation of the local bottom, these assets are likely to recover in February, but it does not seem unlikely to reach the new peak levels. ”
The analyst’s graphic analyzes indicate that Bitcoin will tend to decline and then recover during the summer months. This movement, which is observed in price graphics, points out that the market may experience short -term uncertainties.
Bitcoin, as stated in the article, was traded at $ 97.982 during the article and reportedly an increase of 1.2 %in the last 24 -hour period.
During the periods when market dynamics are closely monitored, it is important for investors to behave cautiously according to analyst views. It is recommended that investors review their strategies against fluctuations that may arise in the current recovery process.
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.
