The post Bitcoin News: Expert Points to Three Indicators Hinting BTC Price Could Experience Sharp Decline appeared first on Coinpedia Fintech News
Renowned crypto analyst DonAlt, who is known for his accurate predictions, has recently shared his thoughts about the potential bearish tendencies for the leading cryptocurrency, Bitcoin. The analyst has hinted towards three crucial factors suggesting a possible downturn in Bitcoin’s performance.
The first of DonAlt’s concerns center on Bitcoin’s lack of momentum in the market. He expressed that Bitcoin’s sluggish ascension is making him wary. Despite a cautious disclaimer that he doesn’t currently hold a position and hasn’t been closely monitoring the market, his intuitive expectation is a significant drop in Bitcoin’s value.
The analyst moved on to highlight the role of major financial players and their apparent lack of influence on Bitcoin’s current status. DonAlt specifically pointed out that the recent filings for Bitcoi
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