Dec 31, · Bitcoin is set to end with more than % gain, the cryptocurrency is entering with a bullish momentum after breaching the $29, price level. Despite the positive market sentiment, Bitcoin investors are worried about high volatility and an uncertain regulatory environment. Dec 16, · Bitcoin, Trading A widely-followed trader who became renowned in the crypto trading space for accurately predicting Bitcoin’s collapse in January of is updating his forecast on the leading cryptocurrency. Mar 12, · The crash of Bitcoin (BTC) Bitcoin with today’s collapse totally cancels the bullish structure built in the last three months and returns with prices at the levels of May The rise that led to the increase over 10, dollars in February is definitively put on the sidelines.
Bitcoin today crashBitcoin Crash Scenario, Sellers Target January | Finance Magnates
Investors are expecting a similar trend in as well because of the growing demand. The cryptocurrency market has not seen substantial selling pressure in recent months because of institutional accumulation.
But, is it possible for the market to continue the bullish momentum without a dip? Maybe not. Whale investors will sell once the financial year is over. It is not technically a good sign that the break of the dynamic trendline of dollars occurred with so much violence, indicating how the strong sales have brought down the prices of Ethereum. It will be necessary to wait for the developments of the next few hours and days to understand the intensity of the fall and whether the principles and indications that will arrive will still be valid to return to hope for a new bullish movement.
Financial analyst and independent trader — S. He operates actively on stock and derivatives markets futures and options since A precursor of cyclic-volumetric analysis he is known for having identified the most important upward and downward movements in the financial markets of recent years.
He participates annually as a speaker at the ITForum in Rimini since the edition and InvestingRoma and Napoli since the first edition of Since July he is a permanent guest on LeFonti.
Source: COIN Ethereum chart by Tradingview Ethereum ETH For Ethereum, the bullish structure is now abandoned , with the rise that had brought it close to dollars in mid-February. Previous article Bitfinex: new records for bitcoin trading volumes. Federico Izzi Financial analyst and independent trader — S.