Famous analysts spoke: "If this level is broken, things will change!"

Willy Woo and Michael van de Poppe, who are known for their Crypto monetary analysis, touched on the critical levels in Bitcoin**.

Tensions between Iran and Israel and the imminent halving have exacerbated the volatility in Bitcoin. Although it pushes up from time to time, the leader of cryptocurrencies, which is constantly under selling pressure, cannot stay above $ 65,000. In this process, comments from famous cryptocurrency analysts did not go unnoticed. Willy Woo who has over a million followers on X (formerly Twitter) and Michael van de Poppe, who has 712,000 followers, said the prices to watch out for BTC.

"We can go into a bear market!"

Popular cryptocurrency analyst Willy Woo has made his followers nervous with his latest post on X. Emphasizing the importance of the $58,900 level in Bitcoin, Woo stated that if this point is lost, we could enter a bear market. Stating that sell-side transactions on the Spot side are increasing, the analyst said that there is no clear rise directional environment in the long term price structure yet. Stating that liquidations will play a major role in short-term price movements, Woo underlined the possibility of Bitcoin walking to $71,000-75,000 for the liquidation of short-directional transactions.

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"Bitcoin could see a pullback to $55,000!"

Stating that Bitcoin is struggling on the lower timeframe, famous analyst Michael van de Poppe stated that if the support of $61,441 does not hold, there may be a fall to $55,000. Commenting on technical analysis, Poppe added that the current level in BTC will work support and that he expects rise directional movements from here. The critical resistance zone for the famous analyst is in the range of $70,000 – $71,736.

Bitcoin Crypto Analyst 16April This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should do their own research when making decisions.