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Arbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 101,939.00
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Zcash (ZEC) $ 51.24
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Echelon Prime (PRIME) $ 14.17
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Mina Protocol (MINA) $ 0.570533
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Mog Coin (MOG) $ 0.000002
Tether Gold (XAUT) $ 2,698.53
Ether.fi Staked BTC (EBTC) $ 101,944.00
Pendle (PENDLE) $ 3.97
Ronin (RON) $ 1.70
Frax (FRAX) $ 0.995676
ZKsync (ZK) $ 0.172895
Morpho (MORPHO) $ 3.66
Gigachad (GIGA) $ 0.065079
Popcat (POPCAT) $ 0.640333
DeepBook (DEEP) $ 0.249601
usdx.money USDX (USDX) $ 0.997204
Gnosis (GNO) $ 238.78
Synthetix Network (SNX) $ 1.79
Notcoin (NOT) $ 0.005878
pumpBTC (PUMPBTC) $ 100,860.00
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Axelar (AXL) $ 0.658682
aixbt by Virtuals (AIXBT) $ 0.677458
Grass (GRASS) $ 2.33
SuperVerse (SUPER) $ 1.26
Turbo (TURBO) $ 0.008067
Avalanche Bridged BTC (Avalanche) (BTC.B) $ 102,459.00
Resolv USR (USR) $ 0.999600
Beldex (BDX) $ 0.078729
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Coinbase Wrapped Staked ETH (CBETH) $ 3,564.93
Terra Luna Classic (LUNC) $ 0.000098
PAX Gold (PAXG) $ 2,685.39
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Dog (Bitcoin) (DOG) $ 0.005119
PayPal USD (PYUSD) $ 0.997712
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Hashnote USYC (USYC) $ 1.07
Horizen (ZEN) $ 25.14
UXLINK (UXLINK) $ 1.16
AgentFun.AI (AGENTFUN) $ 3.93
Solayer Staked SOL (SSOL) $ 246.39
Aethir (ATH) $ 0.062625
JUST (JST) $ 0.039115
Verus (VRSC) $ 4.96
BOOK OF MEME (BOME) $ 0.005602
WOO (WOO) $ 0.204399
Freysa AI (FAI) $ 0.045962
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AI Rig Complex (ARC) $ 0.375870
Golem (GLM) $ 0.375788
Onyxcoin (XCN) $ 0.011682
Olympus (OHM) $ 22.56
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IoTeX (IOTX) $ 0.037759
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Adventure Gold (AGLD) $ 1.92
BasedAI (BASEDAI) $ 4.12
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iExec RLC (RLC) $ 2.02
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Solv Protocol (SOLV) $ 0.097316
Ampleforth (AMPL) $ 1.13
Cookie DAO (COOKIE) $ 0.445745
Elixir Staked deUSD (SDEUSD) $ 0.968214
Ergo (ERG) $ 1.81
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Powerledger (POWR) $ 0.270409
JOE (JOE) $ 0.373461
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Coin98 (C98) $ 0.149847
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Goldfinch (GFI) $ 1.43
DAO Maker (DAO) $ 0.518501
NKYC Token (NKYC) $ 32.77
Orbs (ORBS) $ 0.028632
Civic (CVC) $ 0.162449
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Cronos Bridged USDC (Cronos) (USDC) $ 1.00
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Kelp Gain (AGETH) $ 3,339.27
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STASIS EURO (EURS) $ 1.03
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Aurora (AURORA) $ 0.223369
Secret (SCRT) $ 0.420825
Kinesis Gold (KAU) $ 86.92
Purr (PURR) $ 0.210652
dKargo (DKA) $ 0.026956

More Pain Could Be Coming to Bitcoin Warns Trader Who Called Latest BTC Collapse

By Aleksandr On May 24, 2021

The trader who nailed Bitcoin’s recent collapse from $60,000 is issuing another warning to traders that the Bitcoin correction is not yet over.

In a new tweet, the crypto trader known as Dave the Wave tells his 57,400 followers that Bitcoin is likely headed to lower prices.

“My outlook on BTC going forward. Support in the 20K *range*.”

Source: Dave the Wave/Twitter

The trader adds that he expects Bitcoin to find support at $25,966.50. If the price breaks that level, the next area of interest is $20,842.62. With Bitcoin trading at $35,275 at time of writing, the lowest end of the analyst’s range represents a downside potential of 40%.

“A couple of price targets going forward with the time [Fibonacci] added. The idea being that the correction may be as long as the parabolic rise up. If the previous peak were the target, price is already halfway there.”

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Source: Dave the Wave/Twitter

As Bitcoin continues to show signs of weakness, Dave the Wave predicts that the corrective period will last for the rest of the year.

“And bottom in by the end of the year based on a comparison of the time Fibonacci.”

Source: Dave the Wave/Twitter

While Dave the Wave sees a lengthy corrective phase for the flagship cryptocurrency, veteran trader Peter Brandt believes the worst is over for Bitcoin.

“Not tweeting about BTC for a while but hint: market bottomed yesterday.”

Aleksandr 1790 posts 0 comments

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