Bitcoin (BTC) $91,170 price It fell in the last few hours after Biden gave Ukraine permission to use US long-range missiles. Although the Russian war was expected to end when Trump arrived, Biden seems to be trying to hit Moscow without leaving his seat. So, what are the market comments of experts?
Bitcoin (BTC) Peak Target
BTC It may experience corrections even as it rushes to all-time record levels. If the price went up continuously, it would be very simple to make a profit in cryptocurrencies. However, exactly 2 years after November 2022, Bitcoin is at the limit of $ 90,000, not $ 15,500. So, was everyone able to take advantage of this opportunity when the price rose so much?
No, many investors could not benefit from this period while selling at a loss during the 2-year period. We are now experiencing a similar period of psychological testing. Ki Young Ju is the CEO of CryptoQuant, one of the largest on-chain analysis companies, and in his latest evaluation, he wrote;
“We are in a bull market. Bitcoin will rise.
I apologize for my incorrect prediction regarding the short-term correction. I wasn’t implying a bear market, just a correction. “Based on the cumulative capital flowing into the Bitcoin market, the current cap appears to be $135,000.”
Technically, if we take into account the fact that growth weakens from cycle to cycle, 135 thousand dollars is considered reasonable as the 2025 peak under normal conditions.
LEFT, DOGS and DOGE Comments
Carl in his analysis today DOGE He wrote that the price may soon break out of the falling wedge below. With closings above $0.367, DOGE may reach its target peak between $0.44 and $0.7 again.
SilverBulletBTC is supported by Telegram TON Coin He put DOGS, the relatively new meme coin of the ecosystem, on his agenda. It says that the current downward trend has been broken and the price may rise again. The target is $0.00085 again.
Daan Crypto Trades is the last analyst and he also had SOL Coin on his agenda.
“LEFT It has broken through major weekly resistance and is approaching a new all-time high in 2021. Just 2 years ago, almost no one would have expected it to get back to this point. The crazy resurrection and power that this shows.”
The analyst is targeting new highs above $256-260.
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.