About an hour ago, a popular cryptocurrency analyst shared their latest forecast for BTC. Following the recent decline, investors in altcoins are now anticipating a recovery. What insights does Roman, known for accurately predicting downturns, have in the current situation?
At the time of writing, the BTC price stands at $94,250, experiencing another round of declines in altcoins. Some altcoins are nearing a loss of 5%, adding to the damages from a previous significant drop.
The analyst known as Roman had predicted several major downturns previously. With the latest decline, interest in his commentary was high, and he examined the current situation in the 4-hour chart. Analysis within this short-term timeframe can provide insights on what to expect in the upcoming hours.
The individual sharing the above chart wrote:
“This recent close confirms bullish splits. Stoch has completely reset to move higher. It would be great to see a break to continue this range and start next week!”
“All this choppy consolidation between 90-100k was meant for a larger macro move.”
If BTC conti…
