For the last few days, very good news has come for crypto currencies and uncertainty has been decreasing on a global scale. A few minutes ago, Bloomberg wrote that Coinbase was preparing to enter the SP500. The more demand of crypto currency companies will strengthen the liquidity in this field. Will the rise in which Altcoin investors have just seen their first stages?
Ethereum (ETH)
Subcoins with Ethereum $2,560.83 There is a strong bond between and the stable increase in ETH price positively affects crypto currencies. Both more liquidity in subcoins, as well as the downward trend of BTC market domination must remain strong.
Michael Poppe wrote about this;
“No, we are not at the end of the bull market. We are at the beginning of the bull market. Eth He just hit the bottom and has a lot of rise in front of us. Most people will say otherwise. “
Like many other analysts, Poppe says we can see a correction after the rise. The rise is uninterrupted and there may be intermediate decreases in the rise in the rise, similar to the intermediate rise we see in the decreases.
In this scenario, Michael Poppe, who says that the range of $ 2,100 and $ 2,250 for ETH will be a good point for purchasing, argues that “shallow corrections” can give opportunities.
Bitcoin (BTC)
BTC After declining to $ 100.718 in the last 24 hours, he finds buyers for $ 102,400. The sudden decrease was gradually experienced towards the US market closing, and it was associated with profit sales due to the lack of overcoming the resistance zone. Kyle pointed out the amount of BTC from the stock exchanges on a single day and stressed how big the tariff agreement is.
“Binance BTC with a value of over 312 million dollars was withdrawn from the stock market. This means 3,000 BTC shots taken on a day. This came immediately after the US-China Customs Duties Agreement. Big players took action. This is not just about geopolitics. “
Daancrypto thinks that BTC will gain value in the face of gold.
“BTC/Gold is waiting for over 37 in the next few months. Probably gold will weaken and the trade war is getting colder. This level will be the key for continuity. “
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.
