@BOMBERuss 1 July 2022 more from that month

#Bitcoin cannot gain a foothold above the psychological mark of $20,000. At the time of writing, the #BTC rate was currently sinking below the next round level of $19,000. At the same time, #Fundstrat technical analyst Mark Newton does not consider these levels to be the limit. He notes the high chances of a final wave of #capitulation before the market finally forms a base. "Most short-term technical indicators indicate that the probability of a final wave of position washout exceeds the average values. Only after that, the market will find the bottom," he believes. According to #Bloomberg, Newton believes that BTC may collapse in the area of $12,500 – $13,000. These levels, in his opinion, can become an excellent springboard for building up long positions by medium-term buyers. Top Gainers: