© Reuters. This Analyst Issues Bitcoin, Crypto Warning: ‘Am I As Confident In The Market As I Was A Week Ago? No.’
Benzinga – Cryptocurrency strategist and pseudonymous analyst Pentoshi is issuing a warning about Bitcoin (CRYPTO: BTC) and the wider crypto market.
Sharing his thoughts with his Twitter followers, Pentoshi said that Bitcoin would likely fall to around the $21,000 price level if it breaks below the support level of around $23,300.
He added that the bullish thesis for Bitcoin will be invalidated if the largest digital asset by market cap crumbles under the $23,300 support level.
$BTC said it before but until the “lose this line” is lost
You have to have a bullish bias
fwiw I didn’t get filled today on this as I was out and didn’t leave bids. But I’m sure many people did pic.twitter.com/zp3yHSeZHh
— Pentoshi
