Bitcoin (BTC) could be ready for a short squeeze pursuit to the $27,000 price zone in the following days, according to liquidity analysis and market maker’s behavior by a renowned crypto trader on X (formerly Twitter). This expected short-term pump would anticipate a massive liquidation event down to sub $24,000 for Bitcoin.
Notably, this same crypto analyst managing the CrypNuevo account has been showing a high level of accuracy in his trading technical analysis, as seen in the last reported prediction of a ‘fake dump’ for Bitcoin price, before a short squeeze, made on August 28.
As the cryptocurrency market woke up with losses on September 11, the trader believes that the opposite will happen from his last analysis, with Bitcoin market makers getting ready for a ‘fake pump’ to $26,900, before a further dump to liquidate long positions in the $24,000 price zone. Possibly going to as low as $23,000.
Bitcoin 4-hour price chart prediction. Source: CrypNuevo (with TradingView)
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We współpracy z: https://finbold.com/crypto-analyst-predicts-fake-pump-for-bitcoin-before-huge-dump/
