After exceeding $ 98,000, the price fell again in a short time and could not hold on the resistance point. Crypto rubpuls involving many famous names, including the president of the Argentine, important developments on the macroeconomic front, we cannot see the expected rise in crypto currencies for weeks. So when will this end?
When will Bitcoin rise?
Stuck in the narrow range BTC It constantly tests important liquidity zones for the liquidation of long positions. The price, which suffered more hours ago to $ 93,000 levels, has now exceeded $ 98,000 and went down to $ 97,000 again. Although there are no major losses in the US stocks, things are not fine in crypto.
Bitcoin $97,291.55 When will it be 120 thousand dollars? When will these boring movements end for Altcoins? CryptoBullet flour wrote about this;
On a single screen instant prices, important data, news, latest developments, comments and discussions at Chat! Come right away from your eyes!
“The daily view of BTC graph. The blue support zone is still holding. As long as the bulls maintain this support, I continue to tend to rise and aim for 120 thousand dollars. ”
Return to the graph, we can reach this region until mid -March. But as the summer months approach, more historical concerns will increase the volume, he says that the time is narrowed.
Jelle expects the price to take action towards 140 thousand dollars with the break next week.
“Bitcoin It still holds the pennant – and the current weekly candle looks stronger day by day. We expect a break next week. $ 140,000 is targeted in the following weeks. Let’s start. “
PCE data This may be a good catalyst if the surprise is good next week. Trump makes insistent explanations every 10 days by saying interest rates will fall. At one point, a concrete agreement that would postpone the global trade war for several years may begin to rise in risk markets. Increasing despair has been a harbinger of the rise in the crypto many times, and now despair has increased again, experienced investors are waiting with enthusiasm.
S coin price estimation
With change and transformation, one of the most important building blocks of the crypto ecosystem became rising. S coin Fantom, which is re -branding with the name of Sonic, stands strong. Ali Charts argues that sales will begin before the increase.
“He hit the target in the head and shoulder formation. Now, with TD Sequental’s sales signal in a 4 -hour graph, an increase in profit recruitment may be on the horizon! ”
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.
