Crypto currency Altcoins took the biggest blow in their markets and BTC 60 -day losses at the ups and downs were based on 70 percent. Many of the subcoins normalized losses exceeding 50 %. So how long this will continue. BTC is still high and historical data, the general market trend has not yet turned into a decline, even the rise in the subcoins, says the start of the rise. Now let’s take a look at the expert comments.
Rise in crypto currencies
Trump said today that the comprehensive big step on customs tariffs can be taken on 2 April. All trade partners will be discussed one by one and the US will be asked to normalize the customs duties of the countries. Otherwise, additional taxes, which exceed 25 %, will appear as an important threat. For BRICS countries, Trump implied with a 100 %customs duties threatened to “damage the dollar if you have courage”.
Isn’t that good things never? It is, Trump said interest rates will fall precisely. Although the FED says that even though Trump says that interest rates will fall, he must also think of the method to do so.
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Kyle, on the other hand, gives an important rise signal in the crypto, saying that the individual demand is revived.
“BTCIndividual demand for the return is prepared for return. After a consolidation phase, individual activity fell only 2 %within 30 days – much less than a 20 %decrease in January.
With the increase in sensitivity, this may be the preparation of the next rise. Is the consolidation phase end? “
Ali Charts shared the graph below and said that we cannot be sure of the trend as long as the price of BTC does not get rid of the key. However, many analysts, such as Altcoin Sherpa, estimate that Altcoins will be much better than today.
Altcoins rise comment
The total market value of crypto currencies was stuck in the area of $ 3.17 trillion and the volume was stuck in $ 110 billion. Although BTC dominance is still strong, Ether continues to tie the fate of the Altcoins by performing sucks. Crypto Yoddha is hopeful.
“Subcoins It hasn’t even reached the ACT market value yet. We will proceed to the record level of all time by breaking total2. ”
However, even his prediction points to the return after a more potential decrease. Titan of Crypto is also motivated based on historical data.
“Subcoins Golden Cross.
Do Altcoins reflect their heads 2021?
2021 = 4th year of the previous cycle
2025 = 4th year of this cycle
History does not repeat, but it is often rhyme. “
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
