Bitcoin (BTC) $109,754.45 price At the time of the article, the US-China negotiations continue in 108,750 dollars and in London. In the following hours, official statements about the result of the meeting are expected to be made. The UK is the only country that can still sign an agreement, and we have come to the middle of June. The last date of July 9 is approaching. Popular analyst Poppe makes hopeful statements for Altcoins.
Will the subcoins rise?
Altcoin bull historically Bitcoin It starts at the stage when the market dominance reaches the summit and declined. Below you see the BTCD chart shared by Poppe, and what you see here is the candles that climb up. BTC domination, which can now be seen as a peak area, seems to have failed in the second resistance attempt.
This is subcoins It means the start of the BTCD lost series, which is the harbinger of the rise. As a matter of fact, Poppe said;
“There is a strong decline in the dominance of Bitcoin, which shows that we are back to the fall trend.”
BTCD (Bitcoin market domination/domination/dominance) If it returns to the decline trend and increases its losses Eth While exceeding $ 2,850, we will see that Altcoins moved away from the bottom levels last year.
Bitcoin (BTC) and ETH
The rise of Bitcoin took place when the debate between Elon Musk and Trump was settled and China and the US sitting at the table. This was the expected scenario, but we saw great losses because Musk had rounded BTC for $ 100,000 for a short time. Daancrypto said he was among those who were not sure of the rise in today’s assessment.
“I review my BTC this month’s plan: the first decline was technically a good installation, but after the withdrawal, I didn’t give the entry signal that I wanted to open a long position. It was a pity but it was. We have cleared over 108,000 dollars and the price returned to this range. In the months we have the highest or lowest levels of the month, therefore, there is no clear trigger.
The bulls will not want to undermine 108 thousand dollars. This will be a great signal of weakness. “
Some analysts are not so cautious. Yoddha Eth The price of the new price is running to the record levels of all times Your bull scenario he’s talking about approaching.
“ETH season will be very strong and most of you are not yet aware. And when ETH reaches a new record Altcoins Remember how it performs. “
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.
