Bitcoin (BTC) $98,131.4 price It’s over $98,000 again, but six-figure prices have yet to be regained. Investors are pleased to have moved away from the risk of a larger correction to $85,000. So, which data supports the bulls in the short-term outlook for the markets? Let’s take a look at the latest market predictions from different analysts.
Will Cryptocurrencies Rise?
Individual demand is recovering and if this trend continues meme coins A new altcoin rise may begin under the leadership of In his evaluation today, Kyle drew attention to Coinbase Global data and shared promising figures for individual investors.
“Coinbase International is booming!
$119 billion was traded last week – $20 billion per day, a 164% increase from the previous week.
December’s daily average of $10 billion crushed November’s $2.5 billion.
Retail investors are waking up and the market is heating up fast!”
BTC Addressing the latest situation for Daan Crypto Trades, he is happy with the BTC price lingering around $98,500. On the other hand, he also wrote that we may not see anything big until the end of the year.
“BTC local high volume broke the point. It is now trading against the 4H 200MA. As long as it can trade above $98.5K, it looks good for a move higher. Markets are closed today, so we expect price action to be quite slow and choppy. “If I had to guess, there might not be a big move until the new year.”
cryptocurrency The total volume in its markets is at $141 billion and the total market capitalization is $3.43 trillion. While BTC dominance has weakened somewhat, altcoin investors are still excitedly waiting for a sudden rise. While weekly BTC losses have decreased to 6%, ETH has not yet regained $ 3,500 as support.
VANRY Coin Review
The analyst with the pseudonym Fella put VANRY Coin on his agenda. The person who shared the chart below is pleased with the comeback following the retreat towards the demand zone. If things go well VANRY Coin It could get back $0.24.
If the recovery, albeit weak, experienced today in altcoins such as XRP and SOL Coin, which act as bullish leaders, continues in the coming hours, the general rise ground may mature.
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.
