Historical data does not always repeat, but what is experienced in crypto currencies is that the decreases are not forever. The negative atmosphere that has been going on for a long time may end if we can see closes over $ 95,500. BTC Today it rose to $ 97,400.
Bitcoin (BTC) rise
Trump raised expectations in March and fear was dominant due to tariffs. However, on April 2, he explained such figures that he was above the expectations. After saying that there would be no step back and bargaining for several days, he stepped back as expected. Now there are explanations that there may be a compromise with China.
The basis of today’s rise lies in the softening signals in tariffs. In addition, the data that triggered yesterday’s recession expectation was also balanced because the ISM production PMI data, which gives signals about the current situation of the economy, was over expectation.
Fed‘s statements on Wednesday will be closely monitored. The Fed has to return to interest rate cuts in June in any case, and will signal on Wednesday. Unlike previous meetings, the expectations of the Fed will continue to rise after PCE data, which is low after PCE data.
96,000 dollars is an important point and in the following hours, the market will be followed by the market to the threshold of $ 95,500 and $ 93,000. If closing over $ 97,000 will open the door to return to $ 109,000.
Crypto coins rise
Left coin He goes to $ 155 and took back his threshold of $ 0.18. However, there must be a return to the ETHBTC parity you see below for a rapid recovery throughout the crypto currencies. The price, which is still at extremely low levels like 0.019BTC, is morale. Return of 0.02017BTC and 0.02430BTC intervals can pave the way for more rise for subcoins.
The total market value of the crypto currencies that recovered the threshold of $ 3 trillion is promising. The volumes have not yet increased at the desired level, and despite this, mobility is so much. Both details signal the continuation of the rise. BTCD Strong and the most winners of the last 24 hours S, Wal, Virtual was.
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.
