The merchant issues a bitcoin alarm and says that despite the BTC bounce, there is still a ‘fundamental weakness’. His goal is:

Close encryption analysts are warning that BTC (Bitcoin) is still weak, even though it has been recovered from the latest deep.

In a new strategy session, a pseudonym trader encryption CAPO CAPO tells 922,500 followers in social media platform X that the highest encryption assets of the market cap can fall to a price ticket between 88,000 and $ 90,000.

“Despite the strong market bounce after the surrender event, there is still a fundamental weakness. I reopened the hedge position until the appropriate strength or the second deep.

Some Altcoins can drop 10%-30%further, some form higher lowest levels and some other fluids under the wick. Even if this happens, the plan will remain the same. The important area floor is very close. ”

The merchant’s chart indicates that the encryption king will withdraw someday in the summer and rise someday. Bitcoin is trading at $ 97,982 for writing and has increased 1.2% over the last 24 hours.

Traders can go further as they move on to memes assets, but they are expected to recover during the month of February. But he pointed out that most of them are not going to rise to a new all -time high.

“Memecoins has repaid an average of 60% -80% over the last few weeks (and still falls further). The local floor can be formed soon, so it can pop out for the rest of February. But I don’t think most of them will reach new exercises. ”

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Created image: Midjourney