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After the Bitcoin price Breakdown below $ 100,000 at the weekendSeveral new stories have emerged for where the digital asset can go. Call for the next Bitcoin -bear market continues to sound loud as analysts predict lower prices. A crypto analyst, known on X as astronomer, brought the platform to the platform to give investors a possible route map of where the cryptocurrency then goes and where to start buying for maximum profit.
Next course after crash
After the Bitcoin -Prijscrash, astronomer noted That the price had fallen under the expected closure. However, it seems that the decline was not completely over, because there could be one last drop. This could come after the market reverse that has led in recent days and offers a new buying option.
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From here, the Crypto analyst explains that there can be a reversal to the level of $ 95,000, and also a possibility of a strounge to $ 110,000. As a result, the next working area where investors can start buying at the level of $ 97,000 is placed, but the price can be lower.
Astronomer explains that weekends are usually removed, and with it Weekend low still above $ 97,000The price can visit this territory again. Nevertheless, the analyst explains that those who are sidelined during the rally, or those who want to start on the market, the Bitcoin price for around $ 97,000 is a good place to start.
In addition to the current market factors, the analyst also points to sentiment and geopolitics as support for the analysis. “It is a shame that we have to take advantage of blood that is shed, from what is happening in the world, but also of the bears soon at the end of this dip,” the analyst said.
Where does the Bitcoin price go?
With the announcement of US President Donald Trump that Israel and Iran have agreed to a cease -the Fires, the market has already seen a recovery, in which the Bitcoin price was initially racing to $ 106,000. This has already activated a turn in sentiment from fear back to greed while investors are starting to accumulate again.
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In the next post, astronomer explains that buying is missing out Under $ 97,000 is no reason to alarm. But caution against buying now because of fear. The analyst explains that such a movement is not advisable because this can lead to losses because buying during high euphoric times is not advisable.
Given this, it is probably better to wait for a correction before you enter the market. “Now buying higher during high euphoric times (especially locally) is a worse idea,” warned astronomer. “Create good habits, make a solid plan and stay with both.”
Featured image of dall.e, graph of tradingview.com