Bitcoin $84,470.09 price At the time of the article, at 85 thousand dollars, but after many trials, this region was constantly lost. We will also see what will happen in the coming hours. Although the decrease in the subcoins is stopped, the increase in the price of bitcoin should begin to compensate for losses. Crypto money experts draw attention to $ 85,000.
Bitcoin 85,000 dollars
There are hours of weekly closing and analysts closely follow it. With the concern of the tariffs, the markets that have long been negatively have become very tiring for investors. Possible mutual exemption compromises are morale while negotiating with tariffs. Moreover, the latest statements of the Fed show that monetary policy is moving towards relaxation.
According to Bitcoin’s analyst Ryan Lee, if the weekly candle closure is not over $ 85,000, crypto currencies may occur greater losses.
“FOMC meeting and low CPI Following their reading, Bitcoin’s relaxation rally caused analysts to critically look at an up to $ 85,000 -week closing to analysts.
A closing above this level can prevent a decrease in $ 76,000 and give a power signal, while $ 87,000 will provide an even more clear rise approval. Macro factors such as fixed rates and cooling inflation support risk assets, but the closing of Sunday will be decisive. ”
New week and crypto currencies
According to Glassnode data, long -term investors have been 250 thousand for 2 months BTC saved. Although the panic sales of short -term investors cause continuous decreases, those who maintain the expectation of rise welcomed these sales.
As of next week, we will see more leaks about the tariffs and we will enter the big break period with the coming data on Thursday and Friday. On April 2, the announcement from the United States will either officially declare a major global trade war, or will extinguish the trade war balloon that is highly priced by extreme fear and prepare the ground for the rise in risk markets.
It should not be forgotten that the prices have declined to the levels before the US elections, but the SEC today has ended almost all key crypto cases. The US government will not sell crypto currencies and form its own stock. Besides Selection new Altcoin ETF may begin to give confirmations. Although there are too many gains since the election, we cannot see this clearly in the graphics. We will probably feel the delayed consequences of this until the middle of the year.
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.
