follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here Ads bidding Bidding Open

Author Topic: Bitcoin (BTC) Is Still at Risk Of Massive Plunge – Analyst Maps Low Levels  (Read 376 times)

Offline Coinpedia Fintech News

  • Full Member
  • *
  • Activity: 205
  • points:
    16896
  • Karma: 3
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: June 11, 2023, 05:57:18 PM
    • View Profile

  • Total Badges: 8
    Badges: (View All)
    Signature 100 Posts 50 Posts
Crypto expert Jason Pizzino has issued a warning to investors in Bitcoin, as the leading cryptocurrency continues to struggle to break key levels. Despite a recent 5% price increase from the April low, Pizzino cautions of potential downside risks. In a recent YouTube video, he suggests that Bitcoin's recent recovery may just be a "pity bounce" before a further downtrend.

Pizzino points out that Bitcoin has yet to surpass the crucial $28,500 level and the 50% Fibonacci retracement level at $29,337, which are necessary for short-term strength to enter the market. Only then can it attempt to break the $30,000 and $31,000 barriers once again. However, he notes that the current rally seems more like a temporary surge facing diagonal resistance. Investors in Bitcoin should pay attention to these warning signs to make informed investment decisions.




Trusted Crypto Agency for News, Information, Exchange, PR, Blockchain Events, Crypto Wallet and Else related to Decentralized World.

Altcoins Talks - Cryptocurrency Forum


For Monthly biddings Check Here


 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod