Popular Crypto Analyst Highlights ‘Crucial Breaker’ for Bitcoin, Says Markets Due for a Squeeze
March 05, 2023 9937 by adminA closely watched login password trader has identified the key price area that BTC must break through before it can rise.
Login password investment analyst Micha ë l van de Poppe and his more than 650000 Twitter followers warned that the $23800 price zone was an "important breakthrough" for the bitcoin market to rise again.
->The $23800 area remains a key breakthrough in the market's continued upward trend.
Bitcoin must get rid of this in order to survive.
At the time of writing, the current transaction price for BTC is $23269, and the login password king is struggling with another important aggregate demand talked about in van der Pope style.
"waiting for Bitcoin online games."
Unable to break through the friction resistance, the alternative currency gradually continued to fall.
If Bitcoin can't keep $23200, I think we'll test the average of $22000 before we can increase it further.
Van de Poppe also warned that if BTC fell 1.62% on the same day as it did at this stage, it would have a negative impact on alternative currencies such as Chainlink (LINK). The trader also believes that getting back higher prices will spur another round of gains.
"all I can think about is that if Bitcoin sweeps to $22500, the market will continue to spit out a little more, and then LINK will clean up the bottom point."
Recycling = exciting words. "
Looking at what is happening in a more comprehensive market, such as writing about the potential and unproven events of the collapse of Silvergate, van der pops assumes that this may be the time for the market to squeeze.
"Silvergate is likely to go bankrupt, thus lowering the price further."
On the other hand, there was a steady stream of people coming after the news, and Bitcoin didn't have a full sound.
This may be an assumption that there is a serious emphasis on empty orders here.
Now is the time to squeeze.
