cryptd.in

LinkedIn Alternatif untuk Talenta yang Ramah Kripto

Analyst Predicts Bitcoin Crash Below $100,000, Here’s When

-

oleh

cryptd.in
di

After hitting a new all-time high above $24,000, Bitcoin has been unable to hold up the momentum and has spiraled back down again. In light of this, crypto analyst Doctor Profit has predicted that the Bitcoin price is actually going to fall below $100,000. If this prediction is accurate, then it means that this is only the beginning of the BTC decline, with more crashes expected to happen in the near future.

September Will Be Bearish For Bitcoin

In an X (formerly Twitter) pos, the crypto analyst points out that the Bitcoin price crash is far from done. This is especially as the month of August is racing toward an end after the start of the month had been more bullish than not. With the new month already swimming into view, the analyst expects Bitcoin to break below a major psychological level.

Doctor Profit explains that the Bitcoin price correction is expected to continue and will bleed into the month of September. What’s more important is the prediction that Bitcoin will eventually crash below $100,000 in September, suggesting that the month will be dominated by bears.

If this happens, it would be the first time since June that the price has crashed below $100,000. So far, the cryptocurrency has spent two consecutive months above the $100,000 level, suggesting that this has become a major support level for the price.

Despite this prediction, the crypto analyst does not believe that the bull market is over. If anything, the crash below $100,000 is expected to only be a temporary correction before the move continues. After the crash, Doctor Profit says the bull market will then continue again.

Historical Data Supports Bearish Month

Doctor Profit’s prediction that the month of September will be bearish for Bitcoin and see the price crash below $100,000 is supported by historical data showing that the digital asset has usually performed poorly for the month. Using data from the CryptoRank website, we can see that 9 out of the last 14 years have seen the Bitcoin price close out the month of September in the red.

The month is, on average, the worst in terms of average returns for BTC investors. It shows an average return of -5.58% over the last 14 years, and a median return of -4.43%. This means that the month of September is established as a bearish month for Bitcoin, and if this trend holds, then it is likely that the price will crash again.

Bitcoin price charr from TradingView.com

Komentar

Tinggalkan Balasan

Alamat email Anda tidak akan dipublikasikan. Ruas yang wajib ditandai *

Umpan Terbaru

Kategori Populer

id_ID Bahasa Indonesia
id_ID Bahasa Indonesia en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

Cari di situs web

Cerita Populer

Tags

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenPemilihan (1) #BinanceVsCoinbase (1) #Bitcoin (379) #BitcoinETF (3) #BitcoinFundamental (1) Penanganan #Bitcoin (1) #BitcoinHarga (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Token (1) Akuisisi #BTC (1) #BullishPrediksi (1) #BullishSentimen (1) #ChineseMining (1) Ulasan #CPIP (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoKetidakpastian (1) #DerivativeJump (1) #Dogecoin (66) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (64) #EthereumPain (1) Harga #Ethereum (1) #Pendapat Ahli (1) #FedRateCut (1) #FiatCurrency (1) #Dampak Finansial (1) #KerahasiaanKeuangan (1) #FirmShutdown (1) #FrozenAccounts (1) 1TP5Dana Terlarang (1) #InflasiData (1) #Investasi (1) 1TP5Kerugian Investasi (1) #JapaneseFirm (1) #LegalAction (1) #Dampak Hukum (1) #Legislasi (1) #LightningNetwork (1) Analisis Pasar #M (3) #Memantau Pasar (1) Prediksi Pasar #M (1) Prediksi Pasar #M (1) Proyeksi Pasar #M (1) #MarketSupport (1) #MVolatilitas Pasar (1) #Menikah (1) #MemeCoin (5) #MemeCoins (2) #MinerProfitabilitas (1) #M Pencucian Uang (2) #MtGox (3) #NorthKoreaCrypto (1) #NovogratzPrediksi (1) #PriceMilestone (1) #PrediksiHarga (2) #Pertanyaan Harga (1) #PriceSurge (1) #PenjaraHukuman (1) #QuantAnalysis (1) #ekanan Regulasi (1) #SECAntiCrypto (1) #ShibaInu (5) #SocialBuzz (1) 1TP5Analisis Teknis (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

Tautan Berguna

Tautan yang menurut saya berguna dan ingin saya bagikan.