Bitcoin 
$114,889.78 While trading around 115,000 dollars, Analyst Ansem shared a new graph and pointed out that the price would fall up to $ 88,000 before the end of the year. This prediction of the analyst brought up a downward movement after the market moved horizontally in the last weeks.
Important technical levels in Bitcoin
AnsemThe price graph shared by the area just below 116,000 dollars was defined as a “decline trend”. This region stands out as one of the levels where sales pressure gained power in the past. Bitcoin’s inability to overcome this threshold supports the possibility that the price can gradually go down to $ 110,000 and then to $ 100,700, which functions in the summer.
According to the analyst, the level of $ 100,700 may not provide permanent support in the decline scenario pointed out by the graph, although the market is likely to re -react. In this context, the probability of progressing to the lower levels of the price is on the table.
The target of $ 88,000 stands out
In the analyst prediction, 96,876, 93,576 and $ 91,660, the levels of $ 91.660, highlights intermediate stops. According to Ansem, these levels, which the price reacted in the past, will act only as temporary supports in the current scenario. In the analysis of the analysis, he pointed to $ 88,765 as the main level. This level coincides with the opening price of the quarter and the consolidation zone at the beginning of the year.
Bitcoin’s price decreased to 88.765 dollars corresponds to a 25 percent decrease in the current transaction price. The biggest with the technical analysis crypto currencyThe most remarkable possibility was also pointed out. Because now the consensus between analysts is that the price will act in the upward direction.
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.
