Friday, September 22, 2023
The Crypto Traders Hub
No Result
View All Result
  • Home
  • News
    • Tech
    • Policy & Regulation
    • Market
    • Bitcoin
    • Ethereum
    • Ripple
    • Altcoins
  • 101 Guides
    • Coin Overviews
    • Altcoin Tradings
  • Review
    • Exchange
    • Wallet
    • Brokers
    • Crypto Trading bots
  • Videos
  • Podcast
No Result
View All Result
The Crypto Traders Hub
No Result
View All Result
Home Brokers

Crypto Trader Who Warned Bitcoin Would Break Under $30K, Now Predicts New 52-Week Low

The Crypto Traders Hub Team by The Crypto Traders Hub Team
June 30, 2022
in Brokers
0
Crypto Trader Who Warned Bitcoin Would Break Under $30K, Now Predicts New 52-Week Low
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


Pseudonymous crypto dealer Capo says that Bitcoin BTC/USD is poised to hit a brand new 52-week low as one other sell-off occasion is perception. 

The prediction comes because the crypto market is displaying indicators of weak point, and as Bitcoin has managed to commerce above $28,400, barely larger than its 52-week low of $26,910.

Capo has warned that the help space round $28,000 is flashing indicators of demand exhaustion, as BTC has revisited the worth stage six instances shortly. 

$BTC

Nothing bullish right here. That help will not maintain for lengthy. pic.twitter.com/dXHuG9E9IJ


— il Capo Of Crypto (@CryptoCapo_) May 27, 2022

“Nearly your entire market besides BTC has made a brand new low after yesterday’s bounce, displaying that it was a bull lure. BTC new low incoming,” he mentioned. 

As soon as Bitcoin takes out its speedy help, Capo predicts a pointy decline to his bear market goal of between $21,000-$23,000.

Additionally Learn: Billionaire Mike Novogratz Says Bitcoin Will Lead Next Rally: Here’s Why

Earlier this month, the crypto strategist precisely predicted that Bitcoin would take out the important thing psychological value stage of $30,000. 

$BTC

Why do I believe the 30k stage will not maintain?

-It has been examined many instances, so it is weaker now. That is the fifth take a look at

-There’s not sufficient demand at this stage (heatmaps show this)

-It comes from a deviation from the vary excessive + bear flag

-Promoting strain continues to be excessive pic.twitter.com/pTGtsobtqv


— il Capo Of Crypto (@CryptoCapo_) May 10, 2022

Capo mentioned, “BTC broke the $30,000 help zone, which was the primary pivot of the bull run. It is a zone, not a stage. It’s between $29,000-$31,000, taking all of the wicks. Now it’s testing that zone as resistance.”

Capo additionally highlights that Bitcoin has damaged down from a bear flag and is en path to his bear market goal.

“The minimal goal of the bear flag hasn’t been reached but $23,000. You can too see this on altcoins, the place a number of the most important targets haven’t been reached but,” he added.



Source link

Related articles

Crypto broker FalconX valued at $8 billion after $150 million raise led by GIC – Yahoo Money

Crypto broker FalconX valued at $8 billion after $150 million raise led by GIC – Yahoo Money

June 30, 2022
Will The Fed Kill Crypto? Real Estate Agents Plot Future Of Blockchain

Will The Fed Kill Crypto? Real Estate Agents Plot Future Of Blockchain

June 29, 2022
Share76Tweet47

Related Posts

Crypto broker FalconX valued at $8 billion after $150 million raise led by GIC – Yahoo Money

Crypto broker FalconX valued at $8 billion after $150 million raise led by GIC – Yahoo Money

by The Crypto Traders Hub Team
June 30, 2022
0

Crypto broker FalconX valued at $8 billion after $150 million raise led by GIC  Yahoo Cash Source link

Will The Fed Kill Crypto? Real Estate Agents Plot Future Of Blockchain

Will The Fed Kill Crypto? Real Estate Agents Plot Future Of Blockchain

by The Crypto Traders Hub Team
June 29, 2022
0

In a shifting actual property market, the steerage and experience that Inman imparts are by no means extra precious....

US Infrastructure Law’s Reporting Requirements for Crypto Brokers Likely to Face Delay

US Infrastructure Law’s Reporting Requirements for Crypto Brokers Likely to Face Delay

by The Crypto Traders Hub Team
June 29, 2022
0

The back-and-forth over how “dealer” can be outlined, in addition to the challenges of implementing a reporting regime, are...

The crypto crash has echoes of the Panic of 1907. SBF and FTX could be the new J.P. Morgan

The crypto crash has echoes of the Panic of 1907. SBF and FTX could be the new J.P. Morgan

by The Crypto Traders Hub Team
June 29, 2022
0

The crypto crash has echoes of the Panic of 1907. SBF and FTX may very well be the brand...

GameStop Stock Is Higher Despite Cash-Burn Concerns

Why Wall Street Expects Robinhood to Be Acquired

by The Crypto Traders Hub Team
June 29, 2022
0

Robinhood Markets , which revolutionized the web brokerage trade, seems to be in play now that curiosity from cryptocurrency...

Load More

  • Trending
  • Comments
  • Latest
Bitcoin stabilizes after falling below US$40K amid China regulation concerns – National

Bitcoin stabilizes after falling below US$40K amid China regulation concerns – National

June 3, 2021
What’s going on with ethereum? Cryptoccurency’s meteoric price rise is oupacing bitcoin’s 3-to-1 in 2021

What’s going on with ethereum? Cryptoccurency’s meteoric price rise is oupacing bitcoin’s 3-to-1 in 2021

April 30, 2021
2021 Botsfolio Review • Pros, Cons + More • Benzinga

2021 Botsfolio Review • Pros, Cons + More • Benzinga

April 28, 2021
Orbit CEO Monk’s Journey in the Trading World

Orbit CEO Monk’s Journey in the Trading World

March 17, 2022
We’re All Crypto People Now

We’re All Crypto People Now

0
Bitcoin news LIVE – Cryptocurrency plunges below $50,000 over Biden ‘tax raid’ fears as Safemoon and Dogecoin also hit

Bitcoin news LIVE – Cryptocurrency plunges below $50,000 over Biden ‘tax raid’ fears as Safemoon and Dogecoin also hit

0
How to Transfer Bitcoin from Paypal [1 8084009529] How to Transfer Bitcoin from Paypal

How to Transfer Bitcoin from Paypal [1 8084009529] How to Transfer Bitcoin from Paypal

0
Ethereum Co-Founder Donates Rs. 4.5 Crores For COVID-19 Relief in India

Ethereum Co-Founder Donates Rs. 4.5 Crores For COVID-19 Relief in India

0
Robot. Trade LLC Offers a 30-day Free Trial to Develop a Best Crypto Trading Bot

Robot. Trade LLC Offers a 30-day Free Trial to Develop a Best Crypto Trading Bot

October 8, 2022
After 2 Years of Debate, Europe Finalizes Landmark Crypto Rules

After 2 Years of Debate, Europe Finalizes Landmark Crypto Rules

October 8, 2022
EDX exchange is Wall Street’s latest venture into crypto

EDX exchange is Wall Street’s latest venture into crypto

October 8, 2022
Brazillian Police Raid ‘Bitcoin Sheikh’ for Defrauding Victims of $766M: Report

Brazillian Police Raid ‘Bitcoin Sheikh’ for Defrauding Victims of $766M: Report

October 8, 2022

Recent News

Robot. Trade LLC Offers a 30-day Free Trial to Develop a Best Crypto Trading Bot

Robot. Trade LLC Offers a 30-day Free Trial to Develop a Best Crypto Trading Bot

October 8, 2022
After 2 Years of Debate, Europe Finalizes Landmark Crypto Rules

After 2 Years of Debate, Europe Finalizes Landmark Crypto Rules

October 8, 2022
EDX exchange is Wall Street’s latest venture into crypto

EDX exchange is Wall Street’s latest venture into crypto

October 8, 2022

Categories

  • Altcoin Tradings
  • Altcoins
  • Bitcoin
  • Brokers
  • Coin Overviews
  • Crypto Tech
  • Crypto Trading bot
  • Cryptocurrency Exchange
  • Ethereum
  • Market
  • Podcast
  • Policy & Regulation
  • Ripple
  • Uncategorized
  • Videos

Crypto/Bitcoin Currency Converter

Cryptocurrency Prices by Coinlib

Contact Us

  • Privacy & Policy
  • About Us
  • Contact Us

© 2021 Copyright The Crypto Traders Hub

No Result
View All Result
  • Home
  • News
    • Tech
    • Policy & Regulation
    • Market
    • Bitcoin
    • Ethereum
    • Ripple
    • Altcoins
  • 101 Guides
    • Coin Overviews
    • Altcoin Tradings
  • Review
    • Exchange
    • Wallet
    • Brokers
    • Crypto Trading bots
  • Videos
  • Podcast

© 2021 Copyright The Crypto Traders Hub