Bitcoin

<ul><li>Trader Doctor Profit predicts wider correction for Bitcoin based on WMA200 &amp; liquidity pools.</li><li>Bitcoin&#39;s crucial targets include$29K liquidity pool, EMA50 retest, and $24K worst-case scenario.</li><li>Doctor Profit&#39;s analysis sparks market buzz and uncovers potential bearish sentiment.</li></ul>Currently trading below the <a href="https://coinmarketcap.com/currencies/bitcoin/" rel="noopener noreferrer nofollow">$30K mark</a>, Bitcoin has been the subject of intense speculation and predictions as traders and market analysts closely monitor its price movements. A Twitter user known as Doctor Profit has drawn attention with his<a href="https://twitter.com/DrProfitCrypto/status/1683103108052787201?s&#61;20" rel="noopener noreferrer nofollow"> insights and analysis of the cryptocurrency&#39;s trajectory</a>. With a focus on the vital Weekly Moving Average 200 (WMA200) indicator and liquidity pools, Doctor Profit&#39;s latest analysis has sent ripples through the cryptocurrency community.According to him, the significance of the WMA200 indicator cannot be understated, as it has historically played a decisive role in guiding major price swings for Bitcoin in the short and long term. However, a notable shift has occurred, prompting Doctor Profit to assess the potential for a wider correction.Drawing on <a href="https://cryptotale.org/bitcoin-exhibits-downtrend-signals-a-bear-trap-says-analyst/" rel="noopener noreferrer nofollow">Technical Analysis</a> (TA), Liquidity Confluence Analysis (LCA), and Psychological factors, Doctor Profit predicted that Bitcoin would likely enter a period of sideways movement, aiming to tap into liquidity pools within a specific price range. Notably, one liquidity pool was already filled at $31,700, in line with his previous forecast. Now, the focus turns to the remaining liquidity pool at $29,000.Read full article at<a href="https://cryptotale.org/bitcoin-analyst-unveils-bitcoins-next-moves-amidst-intense-speculation/" rel="noopener noreferrer nofollow"> CryptoTale.</a>

Bitcoin Analyst Unveils Bitcoin's Next Moves Amidst Intense Speculation

CryptoTale

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