Crypto analyst Xanrox predicts that Bitcoin could decline below $60,000 due to symmetrical triangle and ascending channel formations. However, this potential drop might offer a good buying opportunity, with Fibonacci levels at $60,277-$61,590 being key zones. The analyst remains bullish overall, recommending buying now and selling above $120,000.
Crypto strategist Xanrox, who predicted Bitcoin's rejection at $70,000, suggests a further decline. Indicators such as the FVGAP and Elliott Wave perspective, alongside trend line breakdowns and a symmetrical triangle, signal a potential fall to $62,000. Caution is advised for Bitcoin traders.
Leading market analyst Xanrox predicts a 300% rally for Shiba Inu (SHIB) cryptocurrency, expecting it to reach a new all-time high by July after recovering from recent losses.
Crypto expert Rekt Capital posits that Shiba Inu (SHIB) might emulate its 2021 rally, potentially surpassing its all-time high. SHIB needs to break $0.000033285 to confirm uptrend continuation. Other analysts, like Xanrox and Oscar Ramos, express bullish sentiments, foreseeing significant price increases for the meme coin.
