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Crypto Strategist Who Predicted 2018 Bitcoin Bottom Issues Alert, Says BTC Primed for Fresh Bear Market Lows
A crypto analyst who correctly called Bitcoin's (BTC) 2018 pito i lalo fai mai o le tupu crypto o loʻo faʻatulagaina mo se isi faʻasaʻo faʻagasolo i le auala e vaneina ai se maketi urosa fou maualalo.
The pseudonymous analyst Smart Contracter tells his 216,200 Twitter followers that Bitcoin’s recent rally from its current bear market low of $15,546 is likely coming to an end.
"O loʻo ou talitonu pea i le taimi nei o lenei siitia i luga o le BTC o se vaega o le faʻasaʻo ABC galu fa aʻo leʻi faia se laʻititi maualalo-$15,000 i le Q1 2023 lea matou te maua ai se taimi umi.
puna: Malamalama lelei / TwitterO le Smart Contracter o loʻo faʻatinoina le talitonuga o Elliott Wave, o se faʻataʻitaʻiga auʻiliʻiliga faʻapitoa e taumafai e vaʻai le gaioiga o tau i le lumanaʻi e ala i le mulimulitaia o mafaufauga o tagata auai maketi e foliga mai e faʻaalia i galu. E tusa ai ma le talitonuga, o le downtrend e faia i galu e lima, lea e vaʻaia ai e le aseta ni puʻupuʻu pupuu ile galu lua ma le fa.
According to Smart Contracter’s chart, Bitcoin appears to be on the last leg of its wave four bounce, gearing up for a final run toward $18,000. The analyst predicts that BTC will subsequently continue its downtrend to his target of around $14,500 to complete the five-wave cycle.
I le taimi o le tusitusi, Bitcoin is changing hands for $16,979, suggesting a nearly 15% decrease should BTC reach Smart Contracter’s bottom target.
O loʻo vaʻavaʻai foʻi e le crypto strategist le mataʻituina o le US dollar index (DXY), lea na ia fai mai o loʻo emo mai faʻailoga bullish.
"Le suiga tele o le DXY i aso nei, ae le o le mea e te manaʻo e vaʻaia pe e te faʻamaonia ile crypto. E oʻo lava i faʻataʻitaʻiga sili ona lelei, ou te manatu o loʻo faʻatupu pea i le 108-109 lea e ono faʻaititia ai le crypto.
puna: Malamalama lelei / TwitterTraders keep a close watch on the DXY as a strong index suggests that investors are selling risk assets like Bitcoin and stocks in favor of the US dollar.
Meanwhile, fellow Elliott Wave practitioner Credible believes that Bitcoin can surge above resistance at $18,000. The analyst tells his 336,200 Twitter followers that Bitcoin is in an uptrend on the one-hour chart and looks poised for a big bounce.
puna: Fa'atuatuaina/TwitterFaʻavae i luga o le talitonuga o Elliott Wave, o se aseta i luga o le agai i luga e alu atu foi i galu e lima, lea o galu tasi, tolu ma le lima o loʻo faʻasolosolo i luga. Va'ai i le siata a le au su'esu'e, na ia va'aia ai le fa'ai'uina e le BTC lana galu lua fa'asa'o fa'agaioiga i le $16,400 a'o le'i fa'amumuina se galu tolu oso i luga a'e o le $18,000.
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