BTC price It fell to $100,655 and altcoins continue the day calmly. The US market opening will take place at the time of writing. Although the activity is expected to increase, the Fed minutes tomorrow evening may increase volatility. Alright VIRTUAL Coin How many dollars is he aiming for? Let’s take a look at a comprehensive analysis of the current situation for cryptocurrencies.
VIRTUAL Price Target
Michael Poppe’s favorite altcoin of the last few months VIRTUAL CoinHe put ‘on his agenda. Ripple (XRP) $2.4 for years cryptocurrencies He is one of the biggest victims of the legal pressure that feeds negativity on him. Trump’s election therefore brought impressive gains. However, Trump’s coming to office caused the rise of many cryptocurrencies. Poppe points out a great opportunity for VIRTUAL Coin.
“AI Agents are doing a great job with VIRTUAL making big moves. Same concept as XRP. HTF support areas for extreme volatility –> divergence –> obvious bounce plays.
In this case, we are looking at $2.50-$3.00 for a strong bounce play.”
If the analyst’s scenario comes true, investors who consider the bottom may find serious profit opportunities. Especially considering the risk of Fed minutes fueling short-term negativity.
Cryptocurrencies Review
Bitcoin $101,782.3 price above a key support level. 1.77 million addresses 1.53 million BTCIt appears to cost between $94,500 and $98,400. This shows that the region is an important support area. Moreover, there is no major supply wall in front of us as resistance, other than the $ 104,700 and $ 105,770 range. There must be something to trigger excitement for a rapid rise again to $107,000.
Jelle shared a long view on the current outlook of the markets by sharing the chart below. According to him, the chart below should be a guide for long-term strategy.
“I’m still getting a lot of questions about this chart, so I’ll give you a quick recap:
I started DCA’ing Bitcoin in November 2022, right after the FTX crash. Luckily that was the bottom, but I didn’t know that at the time. It was just a place where I thought BTC was cheap enough that I could be a buyer.
I continued accumulating coins until I reached roughly the $30,000 level — then I realized Bitcoin was too expensive to buy but too cheap to sell.
This is do-nothing territory – where I sit on my hands until I find Bitcoin expensive enough to make some profit (since I buy it). This doesn’t mean I’m going to immediately sell all my Bitcoin, it just means I want to gradually get rid of the risks I’m exposed to. I started snow removal in March and April last year and continued snow removal in November.
I now sell 2% of my #Bitcoin assets weekly, slowly reducing my risk exposure and ensuring an early profitable cycle. This is how I multiplied my initial investment and still have a lot of upside risk. In this way, I made a profit twice as much as my initial investment. The rest of the week; The yellow box remains very interesting. Doing nothing – to protect myself against all fluctuations and shocks and to prevent me from blowing up my account with stupid transactions.
The fewer moves you make, the fewer opportunities you have to screw up. Anyway, I sold some more coins. It’s time to sit back, relax and enjoy the show. “I expect to sell some more coins at higher prices next week.”
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.