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Crypto collapse threatens: Bitcoin is fighting a crucial brand!
Trader inmortal warns against crucial price areas for Bitcoin and Ethereum and analyzes market forecasts. Learn more!
Crypto collapse threatens: Bitcoin is fighting a crucial brand!
Trader Inmortal recently outlined important price levels for Bitcoin (BTC) and Ethereum (ETH), which could possibly have far -reaching consequences for the cryptom market. Inmortal, which has over 235,500 followers on X (formerly Twitter), warns in particular of a critical level of support for Bitcoin, which is $ 108,000. If the Bitcoin price falls below this level, this could result in a decline of up to 30% for many old coins. The price of Bitcoin is currently $ 112.853.
In addition, Inmortal explains various scenarios for the Bitcoin market: If the price between $ 108,000 and $ 120,000 fluctuates, it expects a certain sideways movement with positive price movements in outperforming altcoins. A price of $ 120,000 could even trigger an old -season over a period of 2 to 5 weeks.
Ethereum and old coins in focus
For Ethereum, Inmortal recommends getting in at a price of $ 4,000, which could be significant for long -term investors. Ethereum is currently $ 4.197.
Another focus of Inmortal is the native token of the Layer-2 Ethereum scaling solution Mantle (MNT). According to his analysis, the MNT token found about $ 1.45 support and could increase to a price of $ 2.60. MNT is currently being traded at a price of $ 1.73.
The predictions of Trader Inmortal reflect an increasing interest in various cryptocurrencies and emphasize how much technical analysis in the crypto industry influences investor behavior. The assessments could be crucial for many investors who try to benefit from the prevailing market conditions.