Bitcoin technical analysts began to agree on the future of Bitcoin's price, the leading crypto currency that fell to three-week low on January 14th.
Willy Woo shared what you expect for Bitcoin in the short term
Renato Shirakashi and the founder of Woobull.com, the crypto money analyst Willy Woo, presented different opinions on what he expects for the BTC in the short term, according to his statements on Twitter and Medium. In addition, crypto money analysts decided whether the BTC / USD parity had set a ayı dip Ayrıca in the bear market.
Earlier this month, the BTC / USD parity rose to $ 4,000 before seeing the decline supported. BTC, the leading crypto currency in press time, has been trading at around $ 3,584 since December 18th.
Shirakashi states that there is a dip level in Bitcoin
Shirakashi, a pro-Ascension, voiced doubts over warnings previously issued by traders such as Tone Vays. As Cripto Koin reported earlier, Tone Vays correctly predicted the BTC price drop from $ 3,000 to $ 3,500, believing the BTC / USD parity could reach $ 1,300 or lower.
. Murad Mahmudov, David Puell, Willy Woo, Tone Vaysa ’respects and disagrees with Bitcoin. Various technical indicators, including those developed by Murad Mahmudov and David Puell, supported this view.
Was the dipco level seen in Bitcoin?
At the same time, Willy Woo focused on non-chain volatility, suggesting that BTC could still continue. The analyst said less volatility is a prerequisite for the price increase. Willy Woo adds:
Bottom level? Not yet.
According to the analyst's preliminary results, the volume of the crypto currency, which is now very irregular, must be stabilized in order to find the bottom level. Technical arguments reflect the analyst's wide-ranging view this year. Last week, Civic CEO Vinny Lingham said that BTC thought it would be under $ 5,000 for a month or two before deciding to make a decisive move, while other crypto money would see 2019 the highest price of all time.
Is the bottom in? Not yet.
In the bottom of the bear detox. (In this chart I'm tracking the volatility of on-chain volume). pic.twitter.com/avyı1ortxh
– Willy Woo (@woonomic) January 14, 2019
”BTC will be traded in the range of $ 3,000 to $ 5,000 for a long time.“
Shirakashi also expects a small period of activity before it grows and adds:
The fact that I didn't argue that BTC has reached the bottom level doesn't mean that I think BTC will increase its price. In fact, I believe we will be in the range of $ 3,000 to $ 5,000 for a relatively long period of time as the demand is beginning to rise again (or if some major incidents happen in the meantime). A series of small tests will be done to verify that the market is a safe place.
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The post Bitcoin Knows the Falling Famous Analyst Woo's Last Price Forecast appeared first on Kriptokoin.com.