Bitcoin $113,362.30 He recovered some of his weekly losses and rose to $ 112,350. Thus, the largest crypto currency, which has reached the highest level of the last four days, has started to re -test the area, which has turned into resistance levels. After a 13 percent decrease in this month, the price descended below 109,000 dollars last week, but the optimistic air rise in the market again increased the expectation.
Expert Reviews for Bitcoin
The recovery in Bitcoin took place on an important threshold that would determine the short -term course of the market. The inventor of the Stock-to-Flow model Planbthe bull market has not ended and the price in the long run can maintain the rise trend, he said. Analyst Zynx In each cycle, he said that the target of $ 300,000 has become possible by reminding that it has doubled its value compared to under Bitcoin. According to him, the level of $ 151,000 can be exceeded within six months.

50T Funds Founding Partner Dan Tapiero also made a similar assessment. Noting that Bitcoin’s gold -based price is at the same level for the last five years, Tapiero emphasized that the real bull run has not yet started. ITC Crypto Founder Benjamin Cowen The weekly closing was on the bull market support band, it reminded a similar picture in 2020. Analyst on the other hand TaraPointing to the Fibonacci levels, the price predicts that the price could experience a short retreat before targeting $ 114,300.
Crypto fear and greed indexRaising to 50 levels of the investor psychology was the signal of the return to the neutral ground.
Ethereum returned to $ 4,100: What do analysts say?
The recovery on the market was not limited to Bitcoin. Ethereum $4,170.04 He also made a strong start next week over $ 4,100 again. Investor TED Pillowscrypto currency increased by 250 percent from the bottom level and said that the correction after a rise on this scale was usual. However, he claimed that the recovery would be completed in a few weeks and the price would rise above $ 10,000.

Daan Crypto Trades Analyst, known as the weekly closing, stressed that the previous cycle summit. According to him, the purchases coming from the last moment on Sunday were confirmed by the power of buyers. This reveals that Ethereum has regained not only the psychological threshold, but also in technical indicators.