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Reading: Announces Bitcoin Price Target Based on Bullish Flag
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EdaFace Newsfeed > Latest News > Technical Analysis > Announces Bitcoin Price Target Based on Bullish Flag
Technical Analysis

Announces Bitcoin Price Target Based on Bullish Flag

vitalclick
Last updated: November 7, 2024 5:48 pm
5 months ago
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Everyone’s eyes Bitcoin (BTC) $75,017He turned it to and wonders what the next top is in dollars. While BTC is finding buyers above $75,600, it is below the ATH level by about $1000. If Trump, who will take office in January, does not change his stance on crypto and make a 180% turn, the first quarter of 2025 could be an impressive period.

Bitcoin Formation TargetMASA and NEIRO Coin

Bitcoin Formation Target

In today’s evaluation, Crypto Rover drew attention to the bull flag on the Bitcoin chart. Many analysts had already heralded the break in this formation. According to the analyst, the boring moves are over and the Bitcoin price will reach six-digit prices within the next year. The $80,000 level may act as an important psychological resistance where the rally accelerates.

On the other hand BTCThe fact that it lingers near the last ATH level already supports the uninterrupted rise scenario.

MASA and NEIRO Coin

Popular cryptocurrency analyst Poppe has always been talking about the beginning of the rise since last year. This time he was right. But this does not exonerate his previous misconceptions. The name, which updated its targets in altcoins, wrote the following for MASA Coin in today’s evaluation;

“DESK is still consolidating from the critical zone and I expect we will experience a new rise towards the target zone of $0.12.”

TraderSZ is the popular altcoin of recent days NEIRO Coin He published his prediction for . He targets $0.00372 for the altcoin, which also rises on days when the markets are relatively calm. Pointing out that the previous monthly targets were achieved, the name expects the upward trend to continue.

The total market value of cryptocurrencies increased to 2.54 trillion dollars. The transaction volume in the last 24 hours reached 142.5 billion dollars. Although the volume has weakened compared to yesterday, it is extremely impressive to see volumes above 130 billion dollars again. If we remember the daily volumes of 14 billion dollars during the boring days of bear markets, we can say that the boring days are clearly behind us.

RAY, NEIRO and ENA Coin It is the leader among the top 100 cryptocurrencies with a daily gain of over 20 percent. Only UNI, TRX and LEO Coin fell in the last 24 hours.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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