Bitcoin (BTC) $109,290.39 price He moved away from 110 thousand dollars again and fell to $ 107,320 at the time we left behind. Although the inflation data and the Chinese agreement are motivating yesterday, Iran’s aggressive statements and US personnel calling from the region brought the risk of increasing geopolitical tension. So what are the estimates of crypto money analysts?
Bitcoin and Altcoins
Subcoins BTC has not yet been able to reclaim the threshold of $ 107,800 yet. We mentioned that the key area should be protected this week for the rise structure. Ali Martinez says that more is necessary, otherwise we can see a decrease to 107 thousand dollars.
“BTC needs to remain over 108,300 dollars to maintain the rise acceleration. Losing this level can trigger the decline to 107,000 dollars!”
Popcat And WIF Coin The analyst named Altcoinsherpa, which gives examples, talks about the risk of confronting new losses between 30-50 %. For example, in the graph below, Popcat pointed to $ 0.34.
“This Crypto Coins The decision will come soon for (WIF, Popcat, etc.); This may only have a lower peak. Everything depends on Bitcoin. If it exceeds the summits, we can see new hills. However, in the opposite scenario, we can see between 30 %and 50 %losses in subcoins such as WIF and Popcat. ”
Summer Months Crypto Money Estimates
The problems related to tariffs need to be solved to a great extent until July and probably before the end of the first few weeks of the new month. US officials said that the proportions understood with China will no longer change again and remain constant, so this was signed as a final agreement. The EU states that the agreement can be completed in the first few weeks of July. Countries like India and Japan are more close to the signature stage than ever.
In other words, the more summer on the macro front is nice for crypto currencies. Patrick Scott is among those who expect a better environment in the crypto under the shadow of stablecoin developments in summer.
“Circle opened to the public and reached a market value of 30 billion dollars in a short time. Tether -oriented Stablecoin Network Plasma collected half billion dollars in 5 minutes. Total. stablecoin The supply exceeded the quarter trillion dollars for the first time.
Bitcoinwhile offering a way to escape from the Fiat money system, the real adoption of crypto currencies is spreading to the world through stablecoins.
The acceptance process continues. The regulations will soon become clear. Other assets, such as T-Bon and private loans, come to crypto networks. And as the token assets increase, acceleration increases for a blockchain -based financial system. Crypto currency is experiencing the first real sense of adoption. ”
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.
