Crypto currency The unpleasant course of the markets continues after the last events. However, we have seen similar periods in the past. Following such boring periods, investors who did not lose their belief in the rise have gained significant gains. So will it be the same again? Popular crypto currency One of his analysts made hopeful statements after what he saw 4 years later.
Will crypto coins rise?
2021 was a great period and with 2022, nightmare began in crypto currencies. There was some recovery in 2023, and at the end of 2024, some subcoins became significant gains. Although it is summarized in a few sentences, although years have passed, the subcoins BTC He ran to greater decreases with the losses in the price.
Mousache thinks that the rise in Altcoins is about to begin years later.
On a single screen instant prices, important data, news, latest developments, comments and discussions at Chat! Come right away from your eyes!
“I don’t know how else I can show you that ETH/BTC is on rise.
-1.5 years long rise deviation (weekly)
Touched the Fall trend line -4 -year -long
-The price is at the lower end of a descending wrappe that has been formed for more than 2.5 years.
Higher.”
Ether The rise is important for the general altcoin recovery. But there is an ETH that cannot stand out of BTC negativity. Even when the article is prepared, the BTC is targeting $ 95 thousand and pulls ETH down. It’s like a nightmare. Poppe says the inevitable rise for ETH has begun despite this nightmare.
“ETH needs to continue to move upward, and the upward trend has begun. Clearly, if we stay above 0.028, we will continue to see higher returns in $ ETH ecosystem assets. ”
Bitcoin (BTC)
For nearly 100 days BTC price It goes back and forth at separate levels. US stock markets rise in the macro front while rising the correlation while rising the Correlation, the stock market is positively correlating while falling. Since the Altcoins watched it, the markets have long been unpleasant. Daan Crypto Trades wrote the following in his latest assessment;
“BTC has led to the closure of many positions on Friday, which has sent Open Intererest back to the lowest levels in this price range. By the way, the price stands somewhere in the middle, which is beautiful.
In general, a lower open interest at a higher price is something that provides a good reset, even if it is at a lower time. ”
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 perform their operations in line with their own research.
