Bitcoin $120,894.38 price The article continues to find buyers below 118 thousand dollars. After the PPI data, a break was given and the statements of Trump and FED members continue at the time of the article. Will the Altcoin rise continue? Let us consider analysts’ assessments and recent analyzes on the rise of Altcoin.
Will the Altcoin rise continue?
Ethereum 
$4,712.64 There are investors who are concerned about the risk of a greater decrease in the price. What Kyle draws attention to the accumulation of the confirmatory output queue. 670,000 ETH is ready to leave and this is worth $ 3.1 billion. Although not all of these assets separated from Stake, some may go to sale or keep ready for sudden sales.
“This does not mean sales automatically… Some of them can be stacked again, Defican be transferred to or only. Due to daily shooting limits, the tail is gradually growing.
Is this just a restructuring after the rally, or is it the beginning of something bigger? ”
Kyle doesn’t expect the answer, but it implies that we can see something big in the current data ETH graph. Will the decline continue? Poppe shared the graph below and spoke clearly. 10 percent for ETH and in subcoins After 1-2 weeks, acceleration is waiting again. For BTC, 121 thousand dollars describes the region where it should be broken.
ETHBTC The pair of 0.038 is maintained, but the 0.04 test has been unsuccessful for now. If the general market feeling is collected and the level of 0.037 is maintained, the return that has been expected for more than a thousand days and starts 29 days ago can gain momentum. Ether has been waiting for years for years, the bulls should not give up easily.
Fed and Trump Statements
Trump maintains his extreme optimism and mentions that interest rates should be descended. However, the last PPI data was concerned about tariffs. ETH price at $ 4,500, the FED member Musalem talked about the risk of inflation. In the last few minutes Trump And we have seen the statements of Fed member Barkin, important lines are as follows;
“Brazil applies to us very high customs duties. Brazil is one of our worst trade partners.
Putin wants to make an agreement. Interview with Putin is not a reward. I want the second meeting to be held in a very short time. I want it to be done in Alaska. If we have a good meeting, peace will be achieved in the near future. ” – Trump
Fed member Barkin said;
“Trust in the business world has gathered in some ways, but there is no improvement on the employment side. Businesses still seem to be planning layoff.
Consumers are ready to turn to cheaper products, which can push companies more cautious about reflecting customs duties at prices. Unemployment rate is quite stable by matching the slowdown in business gains and the slowdown in the labor force. ” – Fed Member Barkin
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.
