Bitcoin (BTC) $95,971.3 price After Saylor announced that they bought BTC again, it fell below 96 thousand dollars. MicroStrategy, which has been frequently announcing new purchases lately, believes that the price increase will continue as it continues to grow its huge BTC reserve. So, what are the experts’ current predictions for ZEN, IOTA and altcoins?
ZEN and Altcoins
The return of the BTC price to six-digit levels may compensate for the losses of altcoin investors. Therefore BTC price The general direction of cryptocurrencies is directly linked to its performance. Jelle wrote in his review today:
“Bitcoin It fell back into the range and is now trying to hold on above the mid-range. It looks like a higher bottom is forming on a lower time frame – if we fix this we could try to reclaim the next $100k. Let’s see.”
If sales continue BTC It returns to the $92,000 range and this could have more devastating consequences for altcoins. The breaking point will be 100 thousand dollars. For now, BTC has not been able to attempt a new attempt since the attempt it made over the weekend.
Altcoin Sherpa shared the ZEN Coin chart to discuss the latest situation in altcoins and wrote the following;
“There are different types of setups you can implement. this is old altcoins most have super long accumulation periods, literally years. ZEN Check out coins like. “You can buy these coins, but you may have to wait a bit for them to be released.”
What we see in this example is that the rise for the altcoins in general is delayed and we may see a return in them soon.
IOTA Coin Review
One of the popular altcoins IOTA Coin is a cryptocurrency that is well known to senior investors. Popular Turkish cryptocurrency analyst Efloud shared his updates today after his latest analysis and wrote what he expects.
“I added notes from the last analysis to the chart.
There was a 50% decrease from where we sold it.
It has jumped 18% from the region that I highlighted as a logical place to buy. If it loses its support area, I will consider the range formed by the green boxed areas as the most logical buying range.“The two most logical resistance areas that I can recommend to those who enter are the red dashed line and the $0.37 region.”
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.
