Bitcoin (BTC) is in decline: Expert Analysts Explain Their Followed Levels

Bitcoin market sees decline. Analysts Michael van de Poppe and Pentoshi reveal key levels to watch. $22,800 and $23,300-$23,700 cited as important supports for BTC. Cryptocurrency investors take note.a

The rising trend in the cryptocurrency market during the week came to an end early in the morning. Bitcoin (BTC), which managed to exceed $25,000 during the week, was pulled below $24,000 on Friday morning. Famous crypto analysts Michael van de Poppe and Pentoshi explained the levels they were following.

Famous analyst Michael van de Poppe stated that Bitcoin saw a correction before reaching the $30,000 level. The analyst added that this was normal and highlighted that the $22,800 level was critical.

Bitcoin is correcting after reaching the final resistance before $30,000. This is not bad, it's normal. I would be following $22,800 as a very important support to maintain the uptrend. Then we will make high peaks again to continue.

According to Pentoshi, $23,700 is Critical for Bitcoin (BTC) Pentoshi, who is followed by many cryptocurrency investors, also shared his expectations after the drop in the morning. According to Pentoshi, BTC can continue its rise by falling to the range of $23,300-$23,700.

The important area for the drop that started after the rise is the range of $23,300-$23,700.

Bitcoin managed to rise from $22,090 to $25,090, especially in the last two days. The leading cryptocurrency fell to $24,666 with the drop that started in the morning.