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Saturday, December 11, 2021

Bitcoin has recovery signals

Analysts made predictions about Bitcoin (BTC) and general cryptocurrencies! In addition, analysts announced the critical levels in the price of Bitcoin (BTC), leading cryptocurrencies!


 

 Here are the details:

 Katie Stockton of Fairfield Strategies technical analysis firm commented on the cryptocurrency market and critical levels in Bitcoin price. The successful analyst, who examined the long-term picture in the crypto money market, gave signs of recovery. The breakout in the Bitcoin trend was confirmed as it dropped below the $52,000 support zone, he said. She also stated that Bitcoin is at risk of falling to the level of 37 thousand dollars. According to the analyst; If Bitcoin price drops below $44,000, it will drop to $37,000. She stated that Bitcoin has not yet determined a path for itself. The leading cryptocurrency BTC is experiencing fluctuations between the levels of 47 thousand to 49 thousand dollars. According to the master analyst, its continuation at these levels gives signals of recovery.

 Michael van de Poppe said Bitcoin (BTC) is in the support area, which marks a crucial breakout. The $42k zone is where Bitcoin needs to hold. Bitcoin closed at $ 46 thousand to $ 47 thousand. He said that Bitcoin will not lose this space. He said that Bitcoin will continue its bull run despite its long-term fluctuating course. According to the trader, there will be a massive rebound in the overall crypto market. He stated that in the first quarter of 2022, big exits will be seen in cryptocurrencies. He also gave the dates for the first and second quarters of 2022 for the bull cycle. Note: This content is produced for informational purposes only. It does not contain any investment advice.

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