Can Bitcoin bounce?

in #bitcoin2 years ago

Here is the opinion of 2 big market analysts on #Bitcoin :

#CryptoCapo_

COMPLETELY BEARISH. Why?

This is his analysis. Goes as follows..

FZ5ssjBWIAA-AY4.png
Source : https://twitter.com/CryptoCapo_/status/1557803990116716544?s=20&t=KmaGQdE-MI-4m4BaufRV2g

  • Last bullish touch at $25500.
  • Bearish momentum starts again.
  • Breaks Support trendline (already getting weak by forming so many supports).
  • Stops bearish flow at $16000.

#profit8lue

BEARISH WITH A BULLISH SCENARIO. What?

He has 2 opinions :

  • Bearish : break below $22000 will lead to $10000 as a touch.
    Fact : This $22k is the same trendline support as of Capo, important level to notice.

  • Bullish : If breaks above $26000, leading to $40000. Here for him it's most likely not going to happen. Capo isn't having such a thought. Goes as follows..

FaHe4GxVUAAOYFa.jpg
Source : https://twitter.com/profit8lue/status/1558775563002621952?s=20&t=KmaGQdE-MI-4m4BaufRV2g

  • Breaks $26k.
  • makes a retest after touching $28k.
  • sustains at $32k - $28k.
  • boom to $40k.

REMEMBER AS PER HIM, CHANCES OF THIS HAPPENING IS NEVER.

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