Crypto Guru Nails Market Trend Again—Here’s the Next Big Move

Another day, another bullseye from crypto's sharpest analyst. After calling the last rally to the pip, traders are scrambling to decode the next play.

Breaking down the signals

The charts don't lie—when this analyst speaks, the market listens. Their track record reads like a hedge fund manager's wet dream (if only those dinosaurs could actually trade).

What's fueling the foresight?

Some whisper about algorithmic sorcery. Others point to old-school TA mastery. Whatever the method, the results keep printing—while traditional finance guys are still waiting for their 'blockchain strategies' PowerPoint to load.

The road ahead

All eyes now turn to key resistance levels. Will we see a breakout or a pullback? Either way, one thing's certain—the suits will be late to the party again.

$103,182 stands at $103,260. What does the analyst, who accurately predicted today’s decline, now have to say?

ContentsInsight from the Analyst Who Predicted the DownturnOptimistic Analysts Share Their BTC Predictions

Insight from the Analyst Who Predicted the Downturn

Roman Trading had forecasted a downturn earlier this week, even as things seemed to be preparing to improve and more good news was anticipated. Contrary to others, they insisted on a bearish sentiment and were proven correct as BTC’s price weakened, resulting in even greater losses for altcoins.

As the weekend approaches, there is a risk of further intensification of negative sentiment due to weakened volumes. In today’s assessment, the analyst stated:

“I mentioned that BTC has been exhausted and weakened on the weekly chart, and it continues in this manner. You can choose to ignore the signals as much as you want, but macro bottoms after a sevenfold price increase are absolutely normal.”

If the analyst is correct, BTC could decline to $87,534 and $76,171. These targets were given on June 10, when BTC was around the $109,000 threshold.

Is there no chance of a rise? The analyst suggests that if the level of $103,500 is maintained, the $108,000 region could be tested. Should this be surpassed, a return with closures above $110,000 is possible. However, they argue that the current price movement hasn’t yet completed its bottom test.

The metrics being monitored on the daily chart for the bottom are shown above.

Optimistic Analysts Share Their BTC Predictions

Let’s consider two analysts known for their optimism. It’s challenging, as the risk of a third world war appeared amidst a potential global trade war, akin to experiencing two pandemics simultaneously. Yet, hope remains. In today’s evaluation, Poppe wrote that, due to the rejection of the support level, deeper dips will gather liquidity and that these dips are buying opportunities.

DaanCrypto added:

“Here we are, at the range’s lowest level. It did not take long. There is a significant level here. As we see above today, there’s a lot of liquidity below that can be utilized for quick buying and returning to the range. But the market is sluggish, and without a sweep, more declines may occur in June, as previously discussed.”

The top of the range is at $105,543, and the level to be preserved is $103,371. At the time of writing, BTC is at $103,225.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.