- Crypto Analyst Profit Blue tweets that $10K is likely the bottom and $23K-$24K the top for BTC.
- BTC forms double tops during July 2020-July 2021 indicating a bearish sentiment.
- The bulls form three parabolic curves, but the bears dismantle them.
Crypto Analyst Profit Blue tweeted that $10,000 was a likely bottom for Bitcoin (BTC) and that the range $23,000-$24,000 was a valid top. The netizen made this statement by sharing the price behavior of Bitcoin since 2017.
$10k is still the likely bottom area and $23k-$24k is now a very valid new top.#Bitcoin pic.twitter.com/9n9Ma6UegK— PROFIT BLUE (@profit8lue) January 27, 2023
When considering the time frame July 2020-July 2021, of the chart shared in the tweet, it c ...
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