BTCUSDT Analysis by @AltcoinDaily

Total Quality
Score
100715
97781.0000000000
128000
BTCUSDT
1H
Free
Analysis Predict Bull Market
crypto
Technical
The analysis suggests that the recent drop in Bitcoin's price to around $99,000 presents a buying opportunity. It notes that over $1 billion was liquidated from Bitcoin and crypto markets recently, with Bitcoin dipping below $100,000, breaking a 44-day streak. The analyst argues that nothing fundamentally has changed with Bitcoin or crypto as assets, attributing the market's fear to the potential for a new war which leads to increase of money printing and asset prices usually go up during war times. A price of $128000 is inferred based on the chart for the next 12 months while invalidation would occur around $97781.
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