💥💥Bitcoin Gave One of 2 Opportunities: Should Altcoin Be Purchased? Analyst Reveals Critical Data! 💥💥
While Bitcoin investors expect the price to decline by 15% to 30% from its all-time high, they are patiently waiting for the bottom price to be confirmed for altcoin and futures opportunities.
Cryptocurrency analyst Trader Dera shared price decline levels and strategic purchase points in his assessment for Bitcoin investors. Noting that Bitcoin is currently down 15% from its all-time high (ATH) to a level close to $90,000, Dera stated that the price could decline further.
Important purchase levels for Bitcoin
According to Dera, there are two critical purchase levels to pay attention to for Bitcoin: 15% and 30% decline levels from ATH. Bitcoin, which is currently approaching a 15% decline level, can create potential purchase opportunities. However, Dera emphasizes that trading without "floor price" approval can be risky. For this reason, investors are advised to wait for the price to fall by up to 30% or for the floor price to form at current levels.
Strategies for altcoins and futures
Dera states that buying opportunities for altcoins and popular meme coins may occur with the decline in the price of Bitcoin. He states that investors interested in futures should observe the 4-hour trend to rise. When the floor price approval is received, investors are advised to evaluate short-term profit opportunities by turning to spot transactions.
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