after uniform consolidation
Ex-Goldman Sachs analyst Murad Makhmudov, who is currently the director of information technology at Adaptive Capital, believes that after the consolidation on the BTC market is complete, the cryptocurrency rate will rush to the level of $ 100,000.
In his blog post on Twitter, Makhmudov noted that at first glance it might seem that next week there will be “sluggish fluctuations” in the coin’s market, but intuition tells the analyst that the price level at which Bitcoin is currently located will last a long time . The analyst urges traders not to focus on BTC indicators for a short period of time, since with this approach you can easily become a victim of your own intrigues. Makhmudov believes that you need to think more broadly and look to the future – according to his assumptions, BTC has the potential to even reach the level of $ 100,000.
At first glance this looks like a weak chop for the next week or so, but my intuition tells me there is steady accumulation happening at these levels.
Don't try to outsmart yourself on short timeframes, zoom out & think big. In my view, BTC is going to $ 100K per orangecoin. pic.twitter.com/uccAgZdcXo
Murad Mahmudov ? (@MustStopMurad) August 12, 2019
Makhmudov bases his forecast on the analysis of indicators for the main levels of BTC support, in particular 200MA, EMA and RSI. Indicators indicate that now the key support level is $ 10,800. Makhmudov noted that he would patiently invest in cryptocurrency at each such level, however, he noted that he did not urge anyone to do the same.
Note that earlier forecast for $ 100,000 for Bitcoin was also given by analyst Peter Brandt and Anthony Pompliano (founder of Morgan Creek).
