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Reading: Bitcoin (BTC) Reaches $59,999, 3 Analysts Just Shared Their Predictions
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EdaFace Newsfeed > Latest News > Technical Analysis > Bitcoin (BTC) Reaches $59,999, 3 Analysts Just Shared Their Predictions
Technical Analysis

Bitcoin (BTC) Reaches $59,999, 3 Analysts Just Shared Their Predictions

vitalclick
Last updated: September 13, 2024 11:34 pm
8 months ago
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Bitcoin (BTC) $57,974 At the time of writing, the price climbed to $ 59,999 on the USDT pair on the Binance exchange. If the current trend continues, we may see a new peak above $ 60,000 in the coming hours. For now, the king cryptocurrency, which has found buyers at $ 59.8522, and 3 different analysts have shared their market predictions for ETH in the last half hour.

2 Analysts Comment on BitcoinETH Price Prediction

2 Analysts Comment on Bitcoin

Two analysts who recently shared their predictions quickly addressed the rise in Bitcoin prices. The analyst with the nickname Stockmoney Lizards drew attention to how strong the support level he determined remained by quoting the chart he shared on September 11. However, it is not limited to this. According to the analyst BTC price It could make a new low between $58,000 and $52,000.

Otherwise, it will be expected to exceed the breakout level on the chart and target $73,777 again. If we cannot see a bounce from $58,145, it is possible for the price to return to the blue area from the $52,400 band.

“Bitcoin update. Original arrows still in place. Now is the critical moment where we either see rejection and move back to 58/56/52k or breakout and attempt another breakout back to old ATH.”

Second cryptocurrency analyst He shared the latest rise as “perfect.” Believing that the Bitcoin (BTC) price has made a perfect comeback, the analyst expects the rise to accelerate with the closes above $ 57,000 shared in the chart. A few days ago, he mentioned that a strong hold above the key support could bring higher peaks.

ETH Price Prediction

Carl is the largest altcoin by market cap. Ethereum (ETH) $2,344 He shared his chart. According to him, the downtrend line is being broken and if ETH can stay above $2,400, it could start a new trial to $2,806. The next targets are $3,387 and $3,552, followed by $3,871 and $4,080.

The point he marked as support is between $2,000 and $2,200. Although the ETH price tried to fall to $2,111 in the last drop, it managed to stay strong. A possible steady rise in the ETH price altcoins It is important because it will support cash inflows to the rest.

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.

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