Bitcoin 
$67,537 price It is at $68,460 to try its new daily high, but the selling continues. Although the $70,000 level is not far from the current point, selling from short-term investors is disrupting things. So what does the trend line from 2015 tell us? How many dollars will Bitcoin be?
Ethereum Bull Analysis
Known by the nickname Mustache cryptocurrency analyst He wrote that the 2015 support, which had been tested twice before, was retested. In the monthly chart he shared, he underlined that we saw the new cycle peak in the BTC parity after the trend line test in 2015 and 2019.
“ETH/BTC is touching a trend line that has existed since 2015(!!). While most have given up on Altcoins, this is actually the best time to get excited. “If things go the way they have in the last two cycles, Altcoins should post bigger gains versus $BTC from now on.”
Bitcoin and Altcoins
Another analyst who shared charts by year was Michael Poppe. Today’s chart is 4 years old halving It reminds investors of the cycle. The analyst, who wrote that November or December is not that important and the markets are now about to move towards the peak of the cycle, shared the chart below.
“Is it time for markets to go vertical? If that is the question, if you believe in the 4-year halving, then we are on the verge of it. It doesn’t matter if it’s November or December.
The result is the same. Bitcoin price will move between $300,000 and $500,000.”
Altcoin Sherpa is 2 popular altcoin drew attention. FET And TAO CoinHe advises investors to buy on a decline and wait to sell at the right time. The analyst, who wrote that he expects a new movement above $ 1.45 after the bottom on the FET Coin chart, believes that the ATH level will be redetermined.
“Some of these AI coins are cold-blooded and I don’t think they will move too harshly any time soon. I still think they will continue to trim and form a bottom of some sort. Best buy these FET and TAO at the right time and wait to sell.”
The enthusiasm for artificial intelligence, which has increased on a global scale thanks to OpenAI, continues to be alive. This situation offers medium and long-term growth and demand support for altcoins in the AI field.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
