Bitcoin (BTC) $57,013.95 price remains negative and at the time of writing, the US markets had not yet opened. This suggests that the price could fall further in the coming hours. What we have seen over the last few weeks is that the selling has accelerated during US trading hours. We have compiled for you the comments of 2 different analysts on Bitcoin and Daan Crypto Trades’ POPCAT Coin.
POPCAT Coin Price Prediction
One of the popular altcoins of the last few months POPCAT Coin and brought rapid profits to its investors. Moreover, due to high price volatility, a good environment was created for short-term traders. Daan Crypto Trades published a new assessment for POPCAT about 1 hour ago. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!
The analyst who shared the chart above said, BTC If we see a return in price, it is possible for investors to make a profit with a rapid recovery here.
“POPCAT is gearing up for a big move.
This is still one of the most talked about and volatile meme coins. If BTC makes a leap, I think the race for cat coins to reach $1 billion will start again (this competition will turn into a profit opportunity).
“Although I’m staying away for now, it might be a good option to watch for big moves.”
Latest Bitcoin Comments from Analysts
Boring price movements have also tired analysts. Altcoin Sherpa shared the chart below in his evaluation article published about 1 hour ago and said that he was not sure about the movement in both directions. However, there are more supportive things in favor of the bears.
“For those who await the rise BTC in the lower range and support/resistance levels are trying to hold. However, for the bears (bearish positions), the 200-day moving average confirms the downtrend. Support has been tested many times and the outlook is weak on the macroeconomic front.
Overall, there’s not a lot of trust to be honest in either direction.”
Bitcoin The second analyst to share his opinion on the subject was Mister Crypto. He also expects the SP 500 chart to break the resistance area and run to a new all-time high. He expects this to be a factor in Bitcoin price performance because in his opinion, when this happens, BTC will rise to $70,000 and above.
“When the stock market breaks an all-time high, BTC will break $70,000 and start the next wave of bullish action.”
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
