On this 6th day of December, Tony WiseA renowned cryptocurrency analyst, said BTC price is nearby A decisive move in the $19,000 area will determine its fate Short term.
According to the researcher, Bitcoins too It is not strong enough to indicate a trend changeSo it may be closer to the other Surrender allows that Entry of new investors to the ecosystem.
“It’s still not good because We are stuck at $17,000 And nothing rises. So Integrates and frustrates most peopleIt is one of the ways of marketing Out belowWeiss noted.
The $19,000 zone will be decisive for BTC’s future in the short term
According to Wise, The $19,000 portion will be decisive For the price of Bitcoin, it is “A dead cat jumps”, the price of an asset is a term sometimes used in technical analysis Critical bounce before falling in an accelerated manner.
So, if bitcoin reaches $19,000, but They cannot be broken Strong until reached $21,000BTC will likely fall Down to $15,470Price reached on 21 November.
Bitcoin price may reach $18,500 in short term
As of 7:00 PM Venezuela time, the price of Bitcoin remains the same $17,021 While struggling not to lose the new $17,000 in support.
If BTC manages to stay on top $16,500 in the next few daysMost likely it will $18,000 Where is 55 period moving average During daily hours.
It should be noted that Bitcoin’s trend continues to be bearish According to various technical indicators, therefore BTC movement should be enabled Like an rEbote for the average to continue to fall.
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