2 differenti cryptocurrency analyst At the time of writing, he shared his latest predictions for the Bitcoin (BTC) price. The third analyst focuses on the popular cryptocurrency of recent days, TAO Coin. Let’s take a look at the current predictions as BTC has reached its highest level in the last 2 months. What awaits cryptocurrency investors?
Bitcoin Rising
Carl in his latest market analysis due to the break in the bull flag Bitcoin (BTC) $65,837 He wrote that he was targeting a new peak between 69,000 and 70,000 dollars after the price. At the time of writing, BTC was finding buyers at its daily peak of $66,400. In the last 45 minutes, the price quickly exceeded $66,000.
“Bitcoin is breaking this Bull Flag!
Potential target: $69,000 – $70,000.”
If BTC sustains above $65,000, it could extend the rally from $69,750 to $71,550 and $73,777. This will also be an opportunity period for altcoins to multiply their gains.
Daan Crypto Trades is also one of those who are bullish and wrote the following;
“I don’t see anyone talking about the fact that the Bitcoin price bottomed/peaked at basically the same time as 3 months ago. Yes, this time it was day 6, but I’d say it’s pretty close. “It is quite interesting that each of these dates marks such an important point.”
The chart he shared points to a breakout, just like Carl wrote. BTC If it can find buyers at current levels, further increases would not be surprising. The clearing of the massive sell-off at $65,000 confirms strong demand, while double-digit gains in altcoins herald a larger rally period.
TAO Coin Review
Altcoin Sherpa mentioned the potential to try for $475 in the chart he shared yesterday. The price could not fall here and BTC accelerated its rise. While this situation caused altcoins to increase even more, the analyst wrote that he persistently placed orders at $ 475. According to him, after the rapid rise, the price should return to this point and consolidate for a while.
But if the rally continues TAO Coin $600 will be the next resistance zone. The analyst, who targets $ 300 after the targets of $ 453, 409 and 364 in the possible withdrawal, sees buying at current levels as risky.
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.
