May 1, 2025
Blockchain

Analysis That Makes Bitcoin Investors Hopeful: We Could See a Big Record Soon!

  • June 24, 2024
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Cryptocurrency markets have been pretty boring in recent weeks. Market, especially Bitcoin (BTC) general recession, is starting to irritate investors. However, those who share on X are the

Analysis That Makes Bitcoin Investors Hopeful: We Could See a Big Record Soon!

Cryptocurrency markets have been pretty boring in recent weeks. Market, especially Bitcoin (BTC) general recession, is starting to irritate investors. However, those who share on X are the famous trader Roman, good days are coming He says it is. Let’s take a closer look at Roman’s latest analysis.

BTC price view the weekly chart Roman looked at the levels at which the Relative Strength Index (RSI) and Bollinger Bands indicators are used by almost every trader. a new of the rising tide The trader said that it is very soon and new records may be broken on the BTC side and even 90 thousand dollars He said the higher levels are visible.

Here is the BTC chart shared by Roman

BTC analysis

In fact shared by Roman the graph is very clear. When the price reached the middle part of the Bollinger Band and the RSI started to turn, there were jumps in the BTC price. The last graph of the price chart is based on what happened in the past on a similar point shows that it is so.

Technical analysis, of course the fact that it is not everything must not be forgotten. According to technical analysis, BTC price may give an upward signal based on historical data, but a possible external factor may cause a sharp decline in BTC price. Therefore, if you are an investor, you can only look at this chart. you should not take any action.

Remark: Cryptocurrency markets are riskier than all other markets. Therefore, you should not consider anyone’s analysis as direct investment advice. Risk management should be completely under your control. This content is for informational purposes. It does not contain investment advice.

Source: Web Tekno

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