After the opening of US markets BTC Although it reached the $ 64,500 limit, it encountered sales again. Resistance has not been overcome for now, and altcoin investors acted cautiously and made short-term sales, as in previous pullbacks. SHIB While it fell by 3 percent, DOGE also turned red. So what are the price targets for WIF and POPCAT? Bitcoin $63,272 When will it run to $70k?
Bitcoin (BTC) Forecast October 7
Analysts offer different opinions, and evaluating them can be useful for investors. The comments of experts who try to explain the current situation with details that we may not notice can help us when creating our own strategy. ANBESSA wrote the following in its market assessment;
“I told you how important the retracement from $60,200 would be, and now we are witnessing the possible retracement to $63,900 again. So far, so good. Check macro update. I bought the dip at $52,000. I’m waiting for the continuation.
Closes below $63,900 and $60,200 are a sign of strong weakness.”
Donalt re-shared the chart he shared last week and talked about how risky short-term transactions are. BTC He said that investors, who panicked a lot during the decline, were ecstatic with the latest rise, and that this was a serious problem.
If BTC cannot close above $64,344, it may make a new low between $52,500 and $42,500. For this to happen, a huge negativity would have to shake the markets. In summary, these two analysts do not seem very hopeful about $ 70,000 in the short term.
WIF and POPCAT Price Forecast
WIF Coin Altcoin Sherpa, who wrote that he would not be in a hurry to buy at the current level, drew attention to the potential for an increase to $ 3.57. Investors can run to this target if the situation is positive for BTC with convincing closes above $ 2.84. In case of a decline, $ 2.32 and $ 1.95 supports are current. We have seen some experts write today that if the test above $64,000 fails, the price will drop to $60,000. If this happens, support levels will be important for WIF Coin.
Same analyst popcat coin He wrote the following for:
“I wouldn’t be surprised to see a move towards $2 for Popcat now, followed by stagnation. All cat betas should follow the same pattern. I wouldn’t recommend buying most cat tokens at current levels; “Expect a pullback if you can.”
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.