Bitcoin (BTC) $55,278.30 While the last 2 quarters have not given cryptocurrency investors what they want, the fluctuating trend continues. The price, which has been consolidating at low levels, is struggling to hold above $ 55,000 again after falling to $ 52,500. Carl and Jelle shared their most up-to-date predictions for Bitcoin (BTC) at the time of writing. Another analyst also announced his target for DOT Coin.
2 Analysts’ Bitcoin Predictions
Largest by market value crypto money The currency, BTC, is stalling at $55,200 at the time of writing. Altcoins have largely turned green but have not been able to recover their losses. The fact that the BTC price continues to stall at low levels and the lack of appetite that continues days before the first interest rate cut is confusing. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!
Carl shared the chart below on August 19th, saying, “A fake parallel channel can form with a large number of fakeouts.”
Today, he published the current chart and wrote that the parallel channel that was formed was broken as he said. Although the new chart shows that the falling channel structure has started to break down, it is difficult to talk about a definitive return without exceeding the $ 58,000 level. There are targets of $ 49,000 in the fall and $ 63,000 above.
Jelle, on the other hand, drew attention to the bullish divergence and shared the chart below, writing that it was too early to be sure. BTC If the current 3-day candle closes green, analysts’ recovery scenario could come true. However, it is difficult to be sure and volatility after the US market open could be surprising.
DOT Coin Predictions
The most popular of 2021 from altcoins was one. However crypto money The long-term ups and downs in the markets have also negatively affected the Polkadot (DOT) chart. While increasing alternatives have strengthened the competitive environment, investors’ risk appetite has weakened. This has caused the DOT Coin price to see new lows.
However, the potential of assets that have performed well and survived in previous bull cycles should not be underestimated. Cryptocurrency technical analyst Waleed Ahmet shared the chart below, stating that he expects a return to closes above $4.3 for DOT Coin.
If BTC returns to $65,000 in this process, the DOT Coin price may also climb to the target of $5.09.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
