Bitcoin $61,536 price Although it experienced a sudden decline following the US data at the time of writing, it remains above $61,000. The recovery of labor force data is positive as it will suppress recession concerns, and the weakening of recessionary pressure on cryptocurrencies in the medium term is also positive. Therefore, short-term volatility is not considered very important. Well, cryptocurrency experts NEAR, AVAXWhat are today’s latest predictions for ECB and Bitcoin?
Bitcoin and ECB Coin Forecast
Popular cryptocurrency commentator Michael Poppe shared his latest market assessment for Bitcoin a few hours ago. The chart shared before the US data says that there will be a bounce from the local bottom soon. Michael is the one who expects a decline for the first week of this month and he said this based on historical data. The first week of October is generally a decline and the second half of the month is a rapid rise.
“I explained this in the past few days, I think Bitcoin It is looking for a monthly low in the first week of October. Today is unemployment day and I think that will mean a lot. “Holding on to key support and retracing upwards here shows strength.”
AMB Coin The name that guessed for was Mikybull. He often shares AMB Coin updates as it is one of his favorite altcoins. Writing that the price is still cheap for several reasons, the analyst said the following.
“He received a lot of good news last month.
User growth was 104 percent. Developer engagement increased and total locked value on the network reached an all-time high. The ECB expects coin demand to increase.
What is interesting is that AMB Coin is the only layer1 token currently listed on the Binance exchange with a market cap below $20 million.”
AVAX and NEAR Forecasts
Efloud is not one of the experts who updates frequently, but he was in good form today. Discussing the latest situation of the previous charts, the popular cryptocurrency analyst wrote that he will count NEAR Coin at $ 5 and may consider buying at $ 4.2.
AVAX The analyst drew attention to the support line extending up to $21.6. He wrote that he could close the Efloud position if he sees a new move from the entry level to $27.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.