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The well-known trader who accurately predicted the BTC top last year is back with more moves...
He posted that BTC will still fall, and its true bottom should be around $38.8k.
Considering there was a 5% deviation in his top prediction last year, his final conclusion is either $40.7k or $42.6k.
Some friends might wonder, why add that 5%?
Probably because the algorithms used in both predictions are the same.
As for how he calculated it, I have no idea either; it all feels a bit mysterious.
But from a personal emotional perspective, I hope his prediction is correct, because then I can feel more at ease and happily buy the dip.
However, from a realistic standpoint, his prediction seems unlikely to come true.
BTC's ETF has maintained net inflows for several days, and stablecoins are being issued on a large scale; this dual capital resonance often signals the start of a bull market.
In this situation, not to mention BTC falling to $40k, I think breaking below $60k would be difficult. $BTC #加密市场行情震荡
$ETH