BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, SHIB, LUNA


Bitcoin (Bitcoin) The inability to sustain its gains and succumb to profit settlement at the beginning of the week in the US trading market may indicate that the shorts have not given up.

PlanB, the creator of the popular BTC stock-to-flow model, does not seem to be bothered by the flat price movements of the past few days.Analysts believe that his Worst case forecast is 98,000 USD The $135,000 before December 1st and January 1st still exists.

However, according to William Clement, an analyst citing Glassnode data, long-term holders do not seem to have waited for higher levels and have begun booking profits. According to Clement, “Bull market distribution has already begun.”

Daily cryptocurrency market performance. source: Coin 360

Not everyone is optimistic about Bitcoin. Billionaire fund manager Kyle Bas told Investor’s Podcast Network, Making money from Bitcoin will be “very difficult” Due to the strict supervision of the US government, from the current level.

Will lower levels attract longs to buy or will traders continue to book profits? Let’s study the charts of the top 10 cryptocurrencies to find out.