Bitcoin 
$66,484 price It started to gradually return its recent gains. This causes larger declines in altcoins. The focus of cryptocurrency investors is on the BTC price exceeding $ 70,000. But lower local lows weaken this possibility. So what are the experts’ expectations?
TABLE and ETH Prediction
The long consolidation process is to the detriment of altcoins and BTC The weakness in price supports this. In his assessment about an hour ago, Michael Poppe mentioned that the markets were extremely boring due to long-term consolidation. MASA Coin In the chart he published for , he wrote that technical analysis expectations are up to date and that we may see upward attempts at the end of the boring movement.
What he is targeting here is the risk of a possible decline to $0.055 and the continuation of the rally to $0.115 when the rise begins. If BTC If there is no excessive sales, altcoin declines may provide the last buying opportunities before new peaks.
Crypto Tony shared the ETH chart and wrote that he wanted only one thing. That is, the recovery of $2,850. If ether He says that if the bulls can achieve this, they may be encouraged to buy. According to the chart, the target for the continuation of the decline is the $ 2,190 region. We saw significant gains triggered in March from this point, which has been tested many times.
Will the same thing happen again now? According to the monthly chart, testing the support will be extremely tiring, and 3-month forecasts based on the news flow suggest that ETH price should avoid testing support and aim for resistance.
How Many Dollars Will Bitcoin Fall To?
Titan Of Crypto today BTC He shared his opinion for. In his analysis of the Ichimoku cloud, he mentioned that the support point between 65,000 and 64,000 dollars may remain strong in the continuation of the decline. At the time of writing, BTC is struggling to break down $66,000.
“Is Bitcoin Bounce Coming? BTC is currently retesting Tenkan and the delayed open trend line and price as support. A rebound from here seems likely.
If Tenkan still fails to hold, the next important supports are the trend line and Kijun.”
There does not appear to be any data that will trigger the decline this week in terms of news flow. The potential for Harris to win in the upcoming elections is strong, which is not good for crypto.
Disclaimer: The information contained in this article does not constitute 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.
