From the perspective #bitcoin can still return $20,000 to Aave and Abracadabra offers to minimize the risk from Curve founder's loan. The following are some outstanding news on the market #crypto.

The trader who accurately predicted the breakout earlier this year said that Bitcoin (BTC) bulls no longer control the leading digital asset.

Analyst DonAlt told his 499,300 Twitter followers that he is now taking a bearish stance on #BTC.

There is now a possibility that BTC will correct to $20,000 after losing $30,000 as support.

“BTC moves from neutral to bearish on major timeframes. Overall the market is pretty bad until BTC can bounce back above $30,000. In the worst case, the top asset could return to $20,000.

According to DonAlt, $27,000 could act as support for Bitcoin but the asset needs to regain the $30,000 threshold.

“Still watching $30,000 for the first signs that the bulls have not been neutralized, but signals continue to disappoint. Nothing has changed, it's still a downward trend."

Meanwhile, Credible Crypto remains bullish on Bitcoin even though it is trading below $30,000.

The analyst says that, since Bitcoin bottomed last year, it has had a habit of breaking support levels within the range before initiating strong rallies.

“We have repeated the exact same pattern with every accumulation/consolidation structure since the $15,000 bottom. It's almost time for the next upside move.”

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