Bitcoin’s better performance compared to stock markets attracts the attention of investors. According to the crypto analysis company, Bitcoin takes the role of a safe port that watches at its own level after recent intense stock sales.
Positive Discrimination in Crypto
According to the latest data, Bitcoin increased by more than 15 percent this month, while extensive decreases in comprehensive indices are observed. This supports Bitcoin’s view that he started to move from market fluctuations. Some experts say that the impact of political and economic uncertainties is less felt in crypto money markets.
The Bitcoin Risk Index, shared by Swissblock, shows that the current risk environment is positive. The index is calculated by combining blockchain data and cost -based metrics. Thus, it is considered that sales pressure is reduced and the upward potential is increasing.
Swissblock official: “It has been certain that Bitcoin is separated from the stocks. Even if the sensitivity of the trade war changes, a significant effect on Bitcoin will not be observed. Like gold, there is a potential for strengthening. Upon pressure occurs.”
Risk analysis
The company emphasized that the decrease signals are reduced, and short -term corrections may be a harbinger of larger up movements. Considering Bitcoin’s support levels, it is expected that the rise trend may continue after short -term retreats of around $ 89,000.
In addition, another statement by Swissblock, the market sales pressure did not completely disappear, but the downward risk gradually decreased information was shared. Thus, cautious optimism has become dominant among Bitcoin investors.
Bitcoin’s current transaction price is around 93,826 dollars, while overcoming certain resistance levels can prepare the ground for new rise movements.
In the general framework, it is observed that Bitcoin moves on a solid support thresholds and the influence of market uncertainties has been limited. The important detail for investors is that existing indicators give signs for upward steps.
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.
