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Should You Buy BTC Now? Analyst Reveals the Best Bitcoin Entry Levels After the Crash


Should You Buy BTC Now? Analyst Reveals the Best Bitcoin Entry Levels After the Crash

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Bitcoin plunged to a multi-year low of $59,100 on most exchanges after an approximately $23,000 drop over just a few weeks, marking a sharp crypto market sell-off since the start of the business week. While some view it as a buy-the-dip opportunity, analyst Ali Martinez warns that more lucrative lower levels may be ahead, signaling continued downside risk for Bitcoin price and short-term bearish pressure on crypto markets and traders.

Bearish

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Bitcoin’s price crash that began at the start of the business week culminated yesterday evening, at least for now, with a painful decline to a multi-year low of $59,100 on most exchanges.

This violent drop of roughly $23,000 in the span of just a few weeks might be regarded as a proper buy-the-dip opportunity, but popular analyst Ali Martinez believes the most lucrative levels are yet to come.

Read the article at CryptoPotato

In This News

Coins

$ 61.32K

-1.95%

$ 0.0023

+5.05%

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In This News

Coins

$ 61.32K

-1.95%

$ 0.0023

+5.05%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

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