Crypto Live News
Author: Elena R
Author: Elena R
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
May 2, 2024 20:19
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
Amidst the ongoing bullish market structure, Top analyst and 10x Research’s CEO Marcus Thielen predicts price correction in a range of $52,000 to $55,000. He revealed an indicator that forecasted the BTC price to crash even lower to $30,000, which is lower than the veteran trader Peter Brandt had predicted to go down to a high of $ 40,000. The BTC ETFs are also witnessing massive outflows, with all the negative factors making the market lose momentum. Meanwhile, BTC is currently trading at $58,451.