🟠BITCOIN IN PICCHIATA, ANALISTI AVVERTONO
Giorno: 04 luglio 2024 | Ora: 22:21 Bitcoin ha continuato a scendere a causa del clima negativo nell'industria delle criptovalute e delle vendite di grandi quantità di BTC da parte del governo tedesco e dei balenieri. Gli analisti avvertono gli investitori che la situazione attuale è critica e che potrebbero esserci ulteriori cali. Peter Brandt, un analista esperto, ha dichiarato che Bitcoin si trova a un livello critico e che il calo potrebbe prolungarsi. Anche Peter Schiff, noto critico di Bitcoin, ha previsto un forte calo se il supporto critico non viene mantenuto. Tuttavia, il RSI indica che Bitcoin si avvicina alla zona di ipervenduto, suggerendo un possibile recupero a breve termine.
Bitcoin has continued to decline due to the negative sentiment in the cryptocurrency industry and the selling of large amounts of BTC by the German government and whales. Analysts are warning investors that the current situation is critical and that there could be further drops. Peter Brandt, an experienced analyst, has stated that Bitcoin is at a critical level and the decline could prolong. Even Peter Schiff, a well-known critic of Bitcoin, has predicted a sharp drop if the critical support is not maintained. However, the RSI indicates that Bitcoin is approaching the oversold zone, suggesting a possible short-term recovery.
Bitcoin spent today in decline as the negative atmosphere in the cryptocurrency industry continued and the German government and whales sold large amounts of BTC.
While BTC fell to $ 56,800 in this downward trend, BTC evaluation came from analysts.
Stating that the current outlook for Bitcoin and the general market has reached critical levels, analysts warn investors about further declines.
At this point, experienced analyst Peter Brandt said in his last post that Bitcoin is at a critical level and warned that the decline may be prolonged.
In his post, Brandt pointed out that the bear flag formation, which is considered an important bearish formation for Bitcoin, has formed.
Brandt predicted that if this flag formation works, the declines in Bitcoin may increase. Because this model shows further possible declines for Bitcoin.
Sharing from Bitcoin Enemy Peter Schiff Was Not Delayed!
Peter Schiff, known as a Bitcoin hater, said that if BTC loses the critical support level, the price will fall sharply. According to the chart, the level the analyst is talking about is the 200-day SMA.
Peter Schiff's statements are not beyond guessing. However, while the overall trend remains weak, the RSI at 30.8 indicates that Bitcoin is approaching the oversold zone, signaling a possible short-term recovery.
As you can see #Bitcoin is at critical support. If it doesn't hold, look out below. It's a long way down. pic.twitter.com/uP9I24dILI
— Peter Schiff (@PeterSchiff) July 4, 2024
*This is not investment advice.
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