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Strategist Who Predicted Could 2022 Bitcoin Crash Forecasts What’s Subsequent for Crypto Markets – Cryptospacey


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Featured Crypto Analyst Who Accurately Predicted Bitcoin (BTC) Crash In Could 2022 Predicts What Will Happen To BTC And The Crypto Market.

Pseudonymous crypto trader Capo details to his 676,000 Twitter followers on what can happen in the crypto market during each extended and shortened time frame.

The upper time frame consists of one hour to one day, while the lower time frame consists of minutes to 15 minutes. On BTC’s chart, Capo says he’s expecting a bullish pull throughout the shortened timeframe and counting lows and bearish highs throughout the extended timeframe.

He notes that he expects king crypto to create a range on the back side of the $12,000-$14,000 range.

“BTC. Longer Time Frame: Count Lows and Count Highs After Breaking Monthly Redistribution. Below June Low and at [the] provide a zone. Shorten the time frame: a weak pattern resulting from a short squeeze (bull signal). The quantity dies. $12,000 to $14,000 remains the primary target for the backside of the range to form.”

Credit: Crypto Capo/Twitter

According to Capo, the crypto business is general with bearish alerts, leading him to speculate that altcoins may detect BTC’s bearish pattern and drop 40-50%.

“What I see:

– Bear tests everywhere.

– Hidden calculating differences in multiple time periods.

– Bounces clearly with the characteristics of a bull lure.

– Provide input (a lot)

-Individuals in euphoria and costs $16,000… $12,000-$14,000 [for BTC] it’s a matter of time.

40-50% drop for altcoins.

Another outstanding crypto strategist, Michaël van de Poppe, may also be forecast that the king of crypto will face resistance in the near future, saying that he believes that BTC should maintain the $16,250-$16,400 level in order to thrive.

“Bitcoin [is] yet goes through substantial resistance that it probably won’t break but. A little consolidation is happening. Another check for $16,900 and there will almost certainly be an acceleration as all the stops are pulled out.

So the goal is $18,4000.

Should-must; $16,250 to $16,400.”

BTC is changing hands at $16,611 at the time of writing, a 1.7% improvement over the last day.

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