Crypto para Analyst İl Capo Of Crypto, a significant decline during the day Bitcoin and the Altcoins published a warm assessment.
As it is known, the price of Bitcoin had a sudden decline after climbing up to 106,000 dollars during the day and declined to $ 97,100 in the moments when this article was written. As the reason for the decline, Donald Trump shows the customs duties imposed on China, Mexico and Canada, and the USDT is delisting from various crypto currency exchanges.
In his night update, Province Capo said that a temporal local bottom level will be reached soon, but this would not mean a price -price -final bottom level. He said his own hedge positions continue to be open.
Analyst thinks that the local bottom level can be seen today or tomorrow.
Provincial Capo, said in a statement that a 5 %to 20 %decrease may be experienced, so that the main support points will be reached, he said. Analyst said that in such a case he would close his hedge positions and start purchasing.
However, let us remind you that the province Capo could not foresee the rally period that caused the price of Bitcoin to rise from around $ 15,000 to $ 100,000. In the early periods of the rise, Il Capo claimed that the price of BTC would have decreased more.
*It is not an investment advice.
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Source: https://www.bitcoinsistemi.com/bitcoin-ve-altcoinlerde-piyasa-dususu-ortasinda-analist-il-capodan-sicak-gece-degerlendirmesi-geldi/
