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This Analyst Issues Bitcoin, Crypto Warning: 'Am I As Confident In The Market As I Was A Week Ago? No.'



© Reuters. This Analyst Issues Bitcoin, Crypto Warning: ‘Am I As Confident In The Market As I Was A Week Ago? No.’

Benzinga – Cryptocurrency strategist and pseudonymous analyst Pentoshi is issuing a warning about Bitcoin (CRYPTO: BTC) and the wider crypto market.

Sharing his thoughts with his Twitter followers, Pentoshi said that Bitcoin would likely fall to around the $21,000 price level if it breaks below the support level of around $23,300.

He added that the bullish thesis for Bitcoin will be invalidated if the largest digital asset by market cap crumbles under the $23,300 support level.





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