Bitcoin 
$91,409 It exceeded $ 93,000 again and it looks like the steady historical peak journey will continue. For altcoins, the BTC price needs to consolidate here, reaching six-digit prices. Albeit delayed, in March altcoins We saw that BTC followed its rise. The targeted levels for all altcoins have not been seen yet. So, what is the expectation of the analyst who knows what will happen today?
Crypto Analyst Who Knows the Rise
Popular cryptocurrency analyst Daan Crypto Trades said today that while the BTC price is still around $91,700, he will make a new attempt at the price above $93,000. BTC, which lingered around $92,000 for a long time, exceeded the key point, as said. But he needs to do more.
“Bitcoin The major liquidation cluster is at $93K+, corresponding to a new all-time high.
“The longer the price consolidates in this zone, the more likely we are to break out of these highs as more positions continue to accumulate.”
If he continues to be right, we could see a major liquidation rally continuing up to $95.345. $54 million worth of positions were liquidated in the last 24 hours, of which only $24 million were short positions. While investors are brave against the risk of decline, they can avoid liquidations by setting their stop levels well for the rise.
TIA and ETH Coin Forecast
The desired rise was not seen in altcoins overall because ETH does not lead to this. still more ETHBTC Investors who linger at the bottom of the parity are looking for the days when gains against BTC begin. If ETH can start a move towards $ 5 thousand again, liquidity will shift from BTC to ETH and the rest of the altcoins, thus we will return to the long-awaited days of bull markets.
In his latest analysis, Kyle wrote the following for ETH;
“Despite ETH’s recent price increase, retail investors are maintaining their positions, which is an indication of confidence in its long-term growth.
Low inflows into the stock markets and SOPR near breakeven suggest investors are reluctant to sell. “If ETH remains above $2,800, it could potentially reach $4,000 in the short term, reflecting strong buy and hold sentiment.”
Finally, the analyst nicknamed Waleed Ahmed shared the chart below. TIA Coin He warned that the journey to $9 has begun. If he is right, the price could make a new jump from $5.43 to $9.
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.
