Prediction of the price of Bitcoin Analyst of Marta is played, evo other IT – Tradingview News

Bitcoin price prediction was made a month ago from a popular CRIPTO analyst Profit on the Social Media Batples KS took place with interesting accuracy. 21. Marta, the doctor received a detailed path of price for Bitcoin, predicting specific price movements, resilience zones, and the influence of M2 financial supplies. Fast forward until 21. April, Bitcoin’s price fully reflected the forecast of analysts, the loyalty of loans to the remaining parts of its prediction.

As Bitcoin followed Marchrome forecasts of profit doctor

The analysis of profit doctors is based on Bitcoin’s response to changes in M2 cash supply, which identified as a misunderstood indicator. He claimed that although the market has experienced liquidity starting in February, Bitcoin’s Bitcoin’s bils rally from September 2024. It is of course in this expansion of liquidity, contrary to what most investors expected.

It is applicable that the profit of the doctor, previously pointed out the key technical level, weekly EMA 50, also known as a goldline, approximately $ 76,000. He expected a bouncing from this level, transition design to 87,000 to $ 88,000 before the second correction.

Bitcoin almost accurately followed this scenario, crashed in the first few days of April before 9. April of about $ 76,000 9. April. Now Bitcoin is back above 87,000 dollars, they exactly match the doctor’s profit forecasting.

Next phase: Bitcoin goes for support zone to $ 70,000 to $ 74,000

Now that bitcoin stopped and trading above $ 87,000, the immediate next goals of the doctor is a potential drop to 74,000 to $ 70,000, which is something below the marked golden line. According to the analyst, the market behavior in this support zone will be crucial. In this zone, the price of Bitcoin will reveal its next main directional bias.

Doctor Profit has set two clear scenarios based on Bitcoin’s reaction within 74,000 to $ 70,000. If Bitcoin only experiences a temporary product in this range and manages powerful daily or weekly closure above the golden line, it would signal a turnaround and would be prudent to close short positions and start accumulated long positions. However, if Bitcoin closes below this key area, it could run a deeper bear, leading its price to significantly lower levels, which is likely to revise a $ 50,000 region under the worst scenario of Black Svan.

Significantly, depending on what the bear scenario is expected to happen until April and probably in early Maya. Despite the current short-term bear look, the profit of the doctor was maintained by the beech long-term display. He predicted that Bitcoin Bull Run would continue around May or June, ultimately drive the price according to the new top height in the range of 120,000 to $ 140,000.

At the time of writing, Bitcoin is traded $ 87,566, at 3.28% in the last 24 hours. Bill’s prospects at $ 74,000 would be Bitcoin just successfully closed a weekly candle above the $ 100,000 level.