BTC At 109,700 dollars and Altcoins fell before the market opening today after the latest statements. In crypto coins Volatility is strong. But some analysts are not disturbed by the fall, but they seem to be happy. Phoenix is one of them. So what does he know and rejoice in the fall? Current estimates tell us for crypto currencies.
Bitcoin (BTC)
The analyst named Phoenix Plotting expressed his satisfaction with the last decline. Analyst, who says that such movements are normal before the real price discovery, argues that the Ath rally will be much stronger. According to him, the decline will actually prepare the ground for a greater rise.
Sharing the graph below, the analyst commented, ın Reduce a little harder, then we rise rapidly, ”he commented.
The future of crypto coins
King crypto currency The unit was consolidated for a long time and lingered in the bottoms. The situation in subcoins is much worse. Investors who have been waiting for rise for months have seen the bottom of the bottom of the last year in some crypto currencies. Sherpa BTC He shared the following graph that the price may be consolidated for a long time in search of the bottom.
Fortunately, for now, the BTC is not progressing in the direction he predicted and managed to get back the $ 109,500. Of course, the future explanations will be decisive later. Trump will not hesitate to say worse at the weekend while making explanations for the EU on the last working day. French Minister Laurent said the following;
“We continue our same attitude towards Trump’s customs duties, so we are trying to reduce the tension, but we are ready to respond.”
ETF Things are on the front. As Kyle attracted attention, we saw net entrances for 7 consecutive days after a long time.
“Bitcoin
$111,030.01 ETFs saw 7 days in a row. There was over $ 3 billion – this is a big figure. Wall Street is openly buying. This is not a silent movement. “
The problem here will end the negotiation process for tariffs on July 9th. If the markets start to pricing this three weeks ago, until mid -June, maybe even less, the markets will be time for the rise of the markets.
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.
