Massive capitulation for Bitcoin, if the BTC stays below the main support level according to the crypto analyst
An analyst who mentioned exactly 2022 crypto collapse warns that Bitcoin (BTC) may need a key support level to prevent serious collapse.
Pseudonymal analyst Capo announce Its 954,800 followers on the social media platform X that Bitcoin can decrease by more than 37% of its current value if it loses $ 92,000 to support.
“After a strong collision from the lowest $ 75,000 in April
- Over $ 92,000-93,000: bullish, but strong resistance-96,000-98,000.
- Under $ 92,000: Bear.
In my opinion, we see at these levels a low period of time. However, until it lasts, the altcoins could continue pumping. I'll start making a profit soon. ”
Looking at his chart, the analyst recommends Bitcoin to fall to $ 60,000 if it does not support $ 92,000.
Bitcoin trades at $ 96,608 at the time of writing, which is 2.6%in the last 24 hours.
Next, an analyst announce His 125,860 subscribers on his telegram channel that he remains in the bullish graphics processing unit (GPU), the rendering of the rendering network (rendering).
“Renderde update (before and after).
Looking at his chart, the analyst recommends rendering the next $ 6.58.
Render trades at $ 4.65 at 4.7%during the writing.
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