Many top analysts are making predictions for the future of Bitcoin and the crypto market as BTC hovers below $ 42,000.

A whale nicknamed Light said he was believe Bitcoin has bottomed out and traders selling at current prices are making a mistake.

“People are really giving in just above the stacked bidding zone and the all-important support zone. I think there will be a short squeeze soon. ”

Source: Light / Twitter

The whale also pointed to a high volume node in the Volume Profile Visible Range (VPVR) indicator to highlight its case that BTC may have bottomed out.

“I don’t really want to be very specific, but if you sold here, I think you only sold at the bottom.”

Source: Light / Twitter

Kyle Davies, co-founder of the crypto investment firm Three Arrows Capital, shares the same view.

“I meditated for three weeks, no twitter, just praying. I’ve seen the future. And it doesn’t include BTC’s bear market.

BTC rises like a phoenix from the ashes and has bottomed out. “

And after warning that BTC could drop to $ 38,000, crypto investment expert Mike Novogratz sent a simple message.

We entered the buying zone….

– Mike Novogratz (@novogratz) January 7, 2022

“Bitcoin has reached the buy zone …”

You can see the BTC price Here.

Join Bitcoin Magazine Telegram to keep track of news and comment on this article: https://t.me/coincunews

Disclaimer: This article is for informational purposes only, not investment advice. Investors should research carefully before making a decision. We are not responsible for your investment decisions.

Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page