Bitcoin (BTC) next step to these levels!

With bitcoin forming a double-peak before falling below $48,000 on December 28, some analysts suggested that it could drop to $44,000 before continuing its trend. Cryptoanalyst DonAlt, who is known for his 3 accurate predictions, has set a critical resistance level that will propel the bulls to a recovery of $60,000 for the price of bitcoin. Kryptokoin.com Let’s take a look at the current bitcoin analysis from DonAlt that we have compiled.

Analysts Expecting Bitcoin (BTC) Break Above $52,000
With 330,000 Twitter followers, Donalt discovered bitcoin at $6,100 on March 28, a 44% rally from early January, and a peak on February 12, when BTC rose above $10,300. In addition, the analyst has other predictions that hold. In its latest analysis, DonAlt published the chart below, which shows that Bitcoin is “quite a net downside for now.”

Don Alt added that there is not much to watch as BTC continues to trade in a range at these current levels. He expects a clear break above the first red resistance area near $52,000 on the above chart. Don Alt adds in his analysis:

I’m starting to cheer if bitcoin crosses $52,000, plus $60,000 opens up a raging bull run again. Until something like this happens, I’ll keep looking for a deeper light.

The total market cap of the cryptocurrency currently stands at $2,234 trillion, with Bitcoin dominating 40.7%. Analysts believe that each rally from $48,500 to $52,000 in Bitcoin’s current trading zone is a sign of strength towards $60,000.

Contact us for instant last minute events. Follow us on Twitter, Facebook and Instagram and join our channels on Telegram and YouTube!

obey

 

WARNING: Articles and articles on cryptocoins do not constitute investment advice. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Cryptocoin.com an investment advisory. For this reason, Kryptokoin.com and the authors of the articles on the website cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, property or service in this article.

 

Author: admin

Leave a Reply

Your email address will not be published.