Bitcoin $64,067 The price is below $63,000 again and the annoying decline is something we have been accustomed to for the last 6 months. BTC rises and after testing resistance something happens and the price falls. The scenario, which has not changed for two quarters, continues. So, what are analysts’ predictions for BTC and UNI Coin price? What awaits investors?
UNI Coin Review
It could make significant gains depending on the outcome of the US elections. UNI Coin, the cryptocurrency of the DeFi giant struggling with the SEC, is currently under the influence of the negativity in the general market sentiment. Daan Crypto Trades looks at the potential for elections and their aftermath. According to him, in both cases, the price of UNI Coin may increase as regulatory clarity will come for cryptocurrencies.
But if Trump wins, the rise is expected to be much stronger because he says he will satisfy cryptocurrency investors with every step he takes.
“As the elections approach UNI Coin remarkable. If the fee switch offer is activated, this token will instantly be repriced to much higher values.
I think a conducive post-election regulatory environment will definitely help in this regard.
The graphics don’t look bad either.”
Bitcoin Expert Predictions
Fella and Roman today too BTC discussed the future of the price. Before the sales accelerated, Crypto Fella shared the chart below and mentioned that the next breakout phase was approaching. Since October is the rising period, it also reminded me of the Uptober story.
“Bitcoin is still preparing itself for the next breakout. We closed September with an 8% increase, which is very unique historically. I would like to see a breakout of the model for final confirmation. Uptober has arrived.”
Roman continues to warn investors. We have previously drawn attention to the risk of further decline for BTC and wrote this yesterday when BTC was at better levels.
“There are many conflicting ideas here, but everything depends on this 62 thousand interim support. If it holds, we are looking at consolidation for higher.
But if it is lost, we will probably see a decrease towards 57 thousand.”
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.