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Mohoebi ea Bitseng ka nepo Crypto Crash ea Selemo sena O re Bitcoin Rally Imminent – Mona ke Maikutlo a Hae
A widely followed Bitcoin (BTC) analyst who predicted the 2022 BTC collapse is spotting a potential bear trap in the brush.
Pseudonymous crypto trader Capo e re their 547,900 Twitter followers that the US Dollar Index (DXY) and traditional stocks are setting up for a BTC rebound.
“DXY bounce is looking weak and it wants to dump again.
SPX at support.
BTC looks good for $20,500-$21,000.”
The king crypto is down 2.5% over the last 24 hours, currently going for $19,555. Still, Capo oa lumela the slump is nothing more than a “bear trap” ho supa that a bounce is imminent for BTC.
“Bear trap… Bounce incoming.”
Turning to the charts, Capo o re: BTC’s low time frame (LTF) target remains at $21,000.
“BTC LTF
Same plan. Price is at support and late longs have been liquidated.
Main target for the local top remains $20,500-$21,000.
Bearish confirmation: clean break of $19,000.”
Mohloli: CryptoCapo_/TwitterCapo also Shebahala at BTC sentiment to support his bouncing Bitcoin khopolo-taba.
“Sentiment is ultra bearish even though price keeps printing higher lows on LTF.
Bounce is very likely.”
With the largest crypto by market cap down by nearly 3% over the last day, Capo still o re: all of today’s losses will be regained.
“Today’s dump about to be fully reversed.”
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Potso Mohoebi ea Bitseng ka nepo Crypto Crash ea Selemo sena O re Bitcoin Rally Imminent – Mona ke Maikutlo a Hae e hlahile pele ho Daily Hodl.
Mohloli oa pele: Daily Hodl