Bitcoin (BTC) $103,805.78 It finds buyers for $ 103,600 and continues the day with 1.45 percent. Due to its lack of volume at the weekend, it may be relatively calm today, but the BTC price promises to be consolidated at higher levels. So what are the current estimates of analysts? What are the expectations for the next stage?
Bitcoin (BTC)
Michael Poppe in his evaluation in the next time he was preparing BTC He drew attention to the closing of the price of 98 thousand dollars. For this reason, the protection of this key region is important in terms of uninterrupted continuation of the rise.
“Bitcoin Our opinion about it has not changed. As long as it stays over $ 98,000, we will be good to continue upwards. The last consolidation before breaking ACS and starting to have fun. ”
Ali Martinez focused on whale movements in the last 72 hours. Whales Quickly 30 thousand BTC He sold it and got a profit. However, the fact that the price of BTC remains quite strong is like a harbinger of a new era, unlike previous fake rises.
Crypto coins and new stage
We’ve seen consolidations and decreases for a long time. Especially what we live in Altcoins was the kind of competing with the most challenging days of the bear markets. However, it had to be understood that the declines would no longer continue forever, and the next feet started.
Daancrypto is just talking about it and Poppe He thinks we are in the last consolidation phase like.
“BTC He has been doing more or less the same since the lowest levels of April. Movement up, tight consolidation, new rise. Take care of this local range and expect a break in both directions.
Taking the front position in the small range without appropriate invalid will just break you down. Instead of trying to predict it, there is no harm in acting according to the price movement. ”
With the breakage of one of both ranges, up or downward movement will continue by gaining momentum. Although many analysts are no longer expected to break down, the coming of the summer months brings to mind the risk of falling volumes. We’il see what’s going on.
For now, the pressure on tariffs is decreasing and the more completed agreement is expected to support bulls.
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.
