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Reading: Everything is as Expected, Now What is the Target in Bitcoin?
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EdaFace Newsfeed > Latest News > Bitcoin and BTC > Everything is as Expected, Now What is the Target in Bitcoin?
Bitcoin and BTC

Everything is as Expected, Now What is the Target in Bitcoin?

vitalclick
Last updated: October 24, 2024 5:17 pm
5 months ago
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Bitcoin $66,872 The analyst who said that the decline in price is not worrying seems to have been right for now. Alright BTC How many dollars is the next target for? Today, different analysts say Bitcoin, Ethereum $2,522 and we will examine their views for Solana. Different perspectives can help us understand the markets.

How Many Dollars Will Bitcoin Be?Ethereum and Solana Comment

How Many Dollars Will Bitcoin Be?

The Moon mentioned in his last market analysis that the descending channel will be tested. Bitcoin regained $67,000 after dropping to $65,260 in the last 24 hours. The test was successful and Carl was proven right. So what’s the next target? According to the chart shared by the analyst below, the target is $ 79,000.

If everything goes as expected, the king will need to set the cryptocurrency’s new ATH level. Since this will end the boring consolidation process that has been going on for more than 2 quarters, it should further increase the excitement, risk appetite and volumes in the cryptocurrency markets.

The same analyst shared the chart below about whales and warned about one of the signals of the upcoming bullish period.

“The number of Bitcoin whales has reached its highest level since January 2021 – there are now 1,678 wallets holding more than 1,000 BTC!”

Ethereum and Solana Comment

Popular Turkish cryptocurrency analyst Efloud in his evaluation today Ethereum (ETH) updated the view for. The key points in the charts he shared are the levels that received reaction in the short and medium term. This means that investors can get help in their own strategies by taking into account support and resistance.

“It was a simple analysis. There was a single region emphasis and the reaction is good for now. There is 2.5% profit. If you have taken too much risk in the position, be sure to secure yourself. The area where I wrote Interim S/R (previously it was support, but now it has evolved into resistance) started to work as resistance. Passing this region will provide comfort to the parity in the short term. “The MO region is another region that needs attention.”

The second analyst had warned Crypto Tony and Solana in the previous days by sharing his chart for entry at $162. He was right, those who bought at $162 are in a position to gain and SOL Coin Above $175. The memorized targets of $188 and $210 are on the agenda again. Tony tells latecomers that if they see high levels of lingering for a long period of time, they can log in.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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