Bitcoin (BTC) $97,393.9 The price is lingering at $ 96,000 and the subcoins are painted again. While Ether decreases for $ 2,600, investors do not make a good start. The additional customs duty discussions with Trump’s trade countries made the risk markets difficult. Even today’s low employment data could not bring permanent rise.
Why don’t crypto coins rise?
Breast coin The constant crypto supply from the launchpads caused liquidity to melt in garbage tokens. The number of Altcoins has approached 11 thousand and these butterfly Altcoins, which have a 15 -minute life, are mostly returned to the new gate of scammers. Although the number of remarkable crypto currencies in the central stock exchanges is still less than 1000, the volumes have also weakened.
The total volume in all stock exchanges decreased to $ 133 billion, while the BTC dominance exceeds 61 %again. So why is this cycle different? Benjamin Cowen gave the answer today;
“I think another reason why this cycle made it feel different was that there was always a promise / excitement of what could be achieved with at least the crypto in past cycles and how it could make things better.
None of this in this cycle. Everything MemecoinsETFs and strategic reserves. In other words, the aim is not to bring the crypto to more people, to improve the sector itself ”
Here we see the targets in the previous cycles, the prototypes in the next cycle and those who can really produce benefits in today’s cycle. As I mentioned in the article I wrote about the new investor profile, newcomers don’t care about them. Crypto Compared to the past, it has become a great deal of new essays, and the new investor mass of the new investor who does not care about the projects that really produce projects has become weak.
The future of crypto coins
BTC The article fell to $ 95.970 at the time of preparation and to $ 95,620 in the daily. While living in lost moments close to 4 thousand dollars subcoins In the middle of a worse process. BTC buyers have become more profitable in these ups and downs. Daan Crypto Trades is still hopeful.
“BTCHe made lower peaks in every cycle in the rainbow price graph.
This makes sense, as the market grows and will need more money to move the price. This makes the percentage gains in the previous cycles into something that can no longer be achieved. During the last year, he was hanging in this greenish area. I wonder where this time will the summit 🙂 “
Stockmoney Lizards shared the total3 graph.
“Fibles: 1,272 and 1,618 are usually resistance areas.
RSI: Long -range RSI (100) is a good indicator for the progress of the bull market. We expect at least one more important rise. Fibs and RSI show the way. ”
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.
