Top Crypto Analyst Outlines Path Forward for Aave, Says Bottom Close for Bitcoin Before BTC Surges by Over 130%.
09 Jan 2022, 08:00
Top Crypto Analyst Outlines Path Forward for Aave, Says Bottom Close for Bitcoin Before BTC Surges by Over 130%
A popular crypto analyst is offering his opinion on what comes next for Bitcoin (BTC) and decentralized finance protocol Aave (AAVE).
The analyst pseudonymously known as Smart Contracter tells his 199,700 Twitter followers that the native token of the Aave platform has potentially made a higher low, signaling a possible rebound.
The cryptocurrency trader says that AAVE has reached a potential support level by touching the 0.618 Fibonacci retracement level, which is used to identify support or resistance levels.