Although the volumes are weak Bitcoin (BTC) $108,194.45 price Over 108 thousand dollars. In April, the warning analyst is waiting for more. Analysts who take positions by looking at different indicators are often wrong, but look at different perspectives is often useful for investors. Today, let’s take a look at the expectations of different analysts for markets.
Will the subcoins rise?
Bitcoin For a long time, he has found buyers near the record price of all time. However subcoins We cannot say the same thing for. Investors who experience the previous cycles know that while the BTC reaches the real peak of the BTC, it has started to enter the liquidity of subcoins and that they are running to peaks in this process.
We have recently written that the entrances to the Altcoins are at the bottoms and that this could be a cheap signal for prices. While the subcoins are significantly weakened in the face of BTC, we may have come to the end.
Askcryptowealth wrote the following in his assessment of his social media account;
“I previously shared the VIX graph and then BTC accelerated its rally for $ 75 thousand. The King of Crypto made its first move and now it was time to Altcoins.”
ETH and ALTCOINS
ETH, the largest subcoin, according to the market value, still hasn’t recovered $ 2,500 and lingers at $ 2,450. Even though it had a great opportunity with the Chinese agreement hours before the start of the Iranian war, we got used to the fact that bad surprises disrupt the plans. Crypto Lord drew attention to the increase in ETH exposure sales, a powerful signal for the previous rise.
“Eth Short positions have returned to the new AC level. The funny thing was that when this last time was, ETH gained 120 %in 4 weeks.
Bears never learn. “
For the subcoins, the other lock graphics we have to look at is of course the Bitcoin market domination graph. Poppe mentioned that we are moving forward to a short but impressive Altcoin rise in November 2024.
“Bitcoin dominance The graph shows that we can potentially experience a short -term reversal. From where? A strong decline tendency shows that we are approaching the summit. We recently saw this on the last rise in #Altcoins in November 2024. Is this certain? Not yet.”
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.
