Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Closed with a Krypton analyst turn the bear on Bitcoin, warning that BTC can descend from $ 90,000.
In the new thread on platforms on social networks X, Crypto Trader Justin Bennett tells its 115,700 followers to battle the resistance at 106.061 on the four-hour card and will probably have a refund.
“We hope you’ve avoided getting bulls for resistance. Still looking for $ 98,600 and then $ 91,800 and still short BTC.”
Source: Justin Bennett / x
The analyst also warns that Bitcoin’s price seems to be correlated with the performance of S & P 500 and can correct in equal scope after the high.
“If you are BTC’s share price confused, check the S & P for clues. Sweep one side and then sweep the other and range until proved otherwise.”
Source: Justin Bennett / x
Bennett also shares a chart that shows how BTC and S & P 500 seem to move in tandem.
Source: Justin Bennett / x
While Bennett is short-term bearish on BTC, Ponyudonym Penoshi speaks 850,000 followers on the social media platform X that it is like bitcoin, because it continues to find support from $ 100,000.
“BTC (up) $ 120,000. You think there was every chance to sell, and the first is not so much.”
It also notes that the investor’s request for exchanging Bitcoin-trade funds (ETFS) remains strong, suggesting the bull’s feeling.
“(Thursday) The ETFS continued to buy, both BTC and ETH. The sellers are absorbed, and people lose the coins. There are cases when they are buying, but in the end requires a tan supply. Of course, demand will In the end, dry. But this is not yet the case.
The price stops and people in question everything.
I’ll say again, it’s not a straight line to the destination, but we’ll get there there. “
Bitcoin trades for $ 102,549 at the time of writing, in the last 24 hours.
Generated image: Midjourney
