A cryptanalyst predicts a collapse in the price of Bitcoin in May
Since most assets in the cryptocurrency sector started the new week in the red, and market leader Bitcoin returned to the $62,000 zone, the crypto community began to study the opinions of analysts. And they, as a rule, do not disappoint and write a lot and in different ways. TKA, the COPENTAL ALAN CONTACTIONAL IS CARENTED, which is the BITKOONSHEN, I will also be used to the same, the same, it is not 50% tu.
His verbose colleague Michael van de Poppe believes that “the markets are in a state of boredom, or in a bearish trend.” Based on this, he expects an even greater drawdown of the exchange rate.
Ali Martinez, known in the crypto community for more accurate forecasts, noticed a noticeable decrease in the activity of Bitcoin whales since mid-March, believing that a surge in crypto whale transactions may to be a key catalyst for renewed consumer interest in Bitcoin.
One of the reasons for the slow decline in the price of Bitcoin may be the upcoming meeting of the Federal Open Market Committee (FOMC), which, according to van de Poppe, could force markets to correct immediately before the event, and then go up due to the hope of lower rates.”
