Bitcoin (BTC) $98,764.7 It lingers at $ 99,300 and some of the subcoins increased by 10 percent compared to yesterday. But it’s hard to talk about a big recovery throughout the crypto currencies. Although the BTC quickly reclaimed its old levels, the fact that the Altcoins moved with BTC in a continuous decline and left him alone on the rise was destroyed.
Bitcoin (BTC)
Historical data says that such psychological pressure periods are the eve of great rise. But the conditions are variable, the Fed took a break from interest rate cuts and Trump launched a major trade war. Daan Crypto Trades wrote the following in today’s assessment;
“BTC After Halving (2013, 2017 and 2021), he did not start with a great movement every time. For example Bitcoin2017, the best year in recent times, started quite slowly with a 12%earnings in the first quarter. Later, this was followed by tremendous figures in the rest of the year.
This shows you that things can change rapidly. In every cycle, there are difficult times when people think everything is over. However, we all know how quickly a large green candle can change the appearance and sensitivity of the market. Focus on greater time periods. “
Jelle draws attention to MVRV Z-Score in the midst of discussions that the bear markets have begun. The expert name has not yet pointed to the loop summit and BTC He wrote that the price has more space for growth.
Dogecoin (Doge)
Dogge price Under 0.27 dollars. Due to the fluctuation in BTC price, DEGE cannot reach $ 0.3. Following China’s rest, the importance of explanations about the results of the meeting with Trump increased further. A few years ago, if someone told us that we would have such days with Trump’s additional customs duty decision, it would not be taken seriously. Crypto Coins As of 2020, the macro has become much more sensitive to the pressure on the front.
Trader Tardigrade Analyst prefers to remain loyal to cycle forecasts.
“Dogcoin
$0.266117 Supported by the channel. Dogge rises when it reaches the end of every cycle. ”
The scenario that the analyst targets $ 3.5 is not impossible. However, when you look at the graph above with the desperate air today, it is an undeniable fact that it does not seem convincing.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
