COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Crypto Analyst Warns About Bitcoin, Says BTC Could Fall Further If History Repeats Itself – Here are the Targets
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Cryptocurrency News > Crypto Analyst Warns About Bitcoin, Says BTC Could Fall Further If History Repeats Itself – Here are the Targets
Cryptocurrency News

Crypto Analyst Warns About Bitcoin, Says BTC Could Fall Further If History Repeats Itself – Here are the Targets

In Brief

  • Experienced crypto analyst Rekt Capital shared his latest expectation about the crypto king Bitcoin (BTC) while commenting on what’s next for the biggest memecoin Dogecoin (DOGE).ContentsThe Analyst’s Bitcoin EvaluationConsolidation in Dogecoin The Analyst’s Bitcoin Evaluation Anonymous crypto analyst Rekt Capital said that he plans to dollar-cost average into BTC in preparation for the Bitcoin halving […]
COINTURK NEWS
COINTURK NEWS 2 years ago
Share
SHARE

Experienced crypto analyst Rekt Capital shared his latest expectation about the crypto king Bitcoin (BTC) while commenting on what’s next for the biggest memecoin Dogecoin (DOGE).

Contents
The Analyst’s Bitcoin EvaluationConsolidation in Dogecoin

The Analyst’s Bitcoin Evaluation

Anonymous crypto analyst Rekt Capital said that he plans to dollar-cost average into BTC in preparation for the Bitcoin halving event. The analyst stated, “My plan is to dollar-cost average for the remainder of the period before the halving event as preparation for the parabolic rise that comes after the halving event.”

Bitcoin’s halving event is a programmed event that occurs every four years, reducing the BTC reward per block that new miners receive by 50%, making Bitcoin scarcer and more valuable over time. The next halving event is expected to take place in April 2024.

Dollar-cost averaging is a strategy of investing a fixed amount of money into an asset at regular intervals, regardless of the asset’s price. This helps investors reduce their risks and lower their average costs over time.

Rekt Capital, who also analyzed the candlestick chart of Bitcoin, stated, “BTC entered the 3rd candle. We will be rewarded on the 4th candle and the 1st candle.”

A candlestick chart is a type of financial chart used to describe the price movements of a security, derivative, or currency. Each candlestick represents four important pieces of information for that period: the open, close, high, and low.

Consolidation in Dogecoin

Rekt Capital, who examined Dogecoin in the Altcoin Bulletin, stated that despite the recent downward movement of the biggest memecoin, it can still be expected to make a bullish breakout. He said:

If DOGE continues to hold the channel bottom as support, this bullish breakout could be very good and could allow the price to revisit the top of the channel over time.

From a macro perspective, DOGE will consolidate within this channel until the next announcement.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Crypto Influx Surges as Bitcoin Dominates with $867 Million Growth

US and China Slash Tariffs, Boosting Global Trade and Crypto Markets

Bitcoin Prepares to Break Through the $105,000 Mark

Diplomatic Winds Boost Cryptocurrency Surge as Bitcoin and Ethereum Soar

Trump Cuts Ties with Lobby Firm Over Digital Asset Controversy

COINTURK NEWS 23 September, 2023 - 8:55 am 23 September, 2023 - 8:55 am
Share This Article
Facebook Twitter
Share
Previous Article The Current State and Future of Metaverse: A Look at the Decline in Interest
Next Article Chainlink’s Local Presence Shines as LINK Price Surges
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Crypto Influx Surges as Bitcoin Dominates with $867 Million Growth
Cryptocurrency News
South Korean Crypto Enthusiasts Lead the Charge with XRP and Dogecoin Trades
Altcoin News
Coinbase Chooses Conservative Strategy Over Bold Bitcoin Investments
Coinbase
Bitcoin Surges Towards New Heights as Market Dynamics Shift
Bitcoin (BTC)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?