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Sonakshi Saxena
Aug 3, 2023
by Sonakshi Saxena

Crypto Analyst Predicts Massive BTC & DeFi Pump ?

BTC Pump

Table of contents

  1. BTC at low of $29,064, another bearish sign
A well known crypto examiner thinks Bitcoin (BTC) is prepared for a huge pump, cautioning that dealers would need to be "somewhat more persistent" first. The analyst who goes by the fictitious name Credible Crypto informs his 343,400 Twitter followers that he is preparing for BTC candles that will exceed $10,000 per month. On the other hand, the trader issued a warning that a fall in the price of Bitcoin to $29,100 could hold off the major upward movement of the top crypto asset.

BTC at low of $29,064, another bearish sign

BTC did exactly that, falling to a low of approximately $29,064. At the time of writing, it is trading for $29,105. "The tag of $29,100 has been placed on it, so we just need to be a little bit more patient. This changes nothing on the higher time spans, simply a respite in lower time span bullish force." The expert is likewise bullish on the decentralized money (DeFi) altcoin Bend (CRV), taking note that a ton of shorts on the resource are submerged.

"Good possibility that was our base as we actually have a lot of shorts that need to leave their positions. After completing this initial impulse with one more push up, I'm looking for a pullback to the middle $0.50s. That's assuming we hold and produce another drive, base is affirmed as I would like to think."

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BTC & DeFi Pump
Crypto Analyst Predicts Massive BTC & DeFi Pump ?
Sonakshi Saxena
Sonakshi is into the crypto world ever since she heard about it and is pursuing her interest through Cryptoknowmics. She is a sensational poet, technical writer and content strategist.