Bitcoin and Altcoins prepare to bounce, according to Crypto Trader – here is his view of the market
A strategic encryption expert known to be accurately connected to the 2021 digital asset cycle believes that Bitcoin (BTC) is preparing Altcoins to bounce up this week.
Analyst known as Pentoshi Recount It is followed by 855,900 followers on the social media platform X that the weekly graph for others, which follows the total number of the market for encryption except for the largest 10 digital assets and Stablecoins, was up to.
Admiral [last weekly candle]… [This] A higher week for your favorite cryptocurrency currencies in my opinion. “
he Secure The other chart may soon have a series of marches and turn the level of resistance of $ 281 billion on the weekly chart in support.
“These sites are likely to be the most decisive sites in terms of directions, entries and exits in the foreseeable future. $ 250 billion is where we took Longs and we are very close to the level of HTF (high time frame), which makes it cheap if it is an error. 281 billion dollars is our resistance Local, but we want to eventually see it about 320 billion dollars.
Again, we can cut here. $ 320 billion is a large partial exit point, and if it flips it, it can return and so on. Which makes it cheap if it is a mistake, as you do not have to push much to confirm more upward trend at that stage. “
Others are traded at $ 271.46 billion at the time of this report.
Looking at Bitcoin, Pentoshi He says BTC looks strong despite an attack from the news.
“It’s crazy. Everything that happened in the past few months, and this is what BTC looks like.”
At the time of this report, Bitcoin is traded for $ 96,28.
Earlier this month, Bentushi Propagate The maximum Crypto market may reach $ 4.42 trillion as soon as the first quarter of this year.
“Maybe this quarter.”
At the time of writing this report, the total market value of the encryption is $ 3.134 trillion.
Don’t miss a rhythm – Subscribe to deliver email alerts directly to your inbox
Check the price procedure
Follow us xand Facebook and cable
Browse the daily Hodl Mix
& nbsp
Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must conduct due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
Created Image: Midjourney
