Future

Bitcoin

Capo of Crypto, an analyst known for his bearish views on the cryptocurrency market, claimed in his statement that there are two options for the Bitcoin price. 
According to the analyst, BTC price is currently in a support zone. The analyst argues that the first option for BTC is for it to jump from the current level to the liquidity zone of $74,000 to $75,000 and then make a downward move. 
According to the analyst, the second option is a clear break from the current support level between $68,000 and $69,000 and a consolidation in the lower region. 
il Capo said that $68,000 to $69,000 is an extremely critical area. According to the analyst, if this level is broken, the market structure of Bitcoin will be broken. However, the analyst noted that this level has been successfully acting as support so far. 
Related News: <a href="https://en.bitcoinsistemi.com/is-the-highly-debated-woldcoin-wld-safe-here-is-the-answer/" target="_blank" rel="dofollow">Is the Highly Debated Woldcoin (WLD) Safe? Here is the Answer</a> 
In addition, the analyst, who shared a chart, claims that both options will eventually result in the BTC price falling below $ 60,000. 
<img decoding="async" class="alignnone size-full wp-image-137529" src="https://www.bitcoinsistemi.com/wp-content/uploads/2024/03/bitcoin-il-capo.jpg" alt="" width="1002" height="594"> 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/there-is-a-message-from-experienced-analyst-il-capo-there-are-two-paths-in-the-future-of-bitcoin-price/">There is a Message from Experienced Analyst il Capo: "There Are Two Paths in the Future of Bitcoin Price"</a>

There is a Message from Experienced Analyst il Capo: "There Are Two Paths in the Future of Bitcoin Price"

Bitcoin Sistemi EN

Other articles published on Mar 14, 2024

Global Efforts Underway to Promote Responsible AI Development

‘Floodgates Open Soon’ – Altcoin That’s Exploded Over 590% in Five Months Primed for More Upside:...

Ankr Expands Its DePIN Network for Web3 and AI Applications

Pepe Coin Garners Interest Amid Substantial Price Surge

Best Anonymous Casinos US 2024: Top Online Casinos with no Verification

US Treasury Suspects $165M Involved in Crypto Transactions

Join our free newsletter for daily crypto updates!