Today we will examine the current predictions of different experts about the markets. These predictions cryptocurrency Although it does not clearly shed light on the future of the markets, it gives investors the opportunity to interpret the current situation from different perspectives. Bitcoin 
$66,895 At the time of writing, it was at $67,490, so what do experts expect?
Bitcoin Predictions of Experts
Crypto What dominates the currencies is BTC chart movements and Moustache made predictions about what will happen next in today’s market analysis. According to the analyst, we are now on the eve of a bigger rise in a period similar to 2020, as the price has escaped from the falling channel that has been going on for more than 7 months.
“BTCbroke out of the falling channel that has been going on for more than 7 months. The scenario is strongly reminiscent of 2020, shortly before the parabolic bend began for crypto. Bears celebrating a retest?
They will soon be surprised.”
Yoddha, on the other hand, mentions that BTC should move to 113 thousand dollars. He also marked the levels at which to buy, sell and hold on the chart below. A break in the bull flag could pave the way for six-digit prices.
The third and last analyst, Mags, emphasized his belief in the strong rise.
“Since the $15,500 bottom, Bitcoin It consistently breaks out of each higher timeframe formation and is followed by a strong rise.
Over the past few months, the price was forming an expanding wedge formation and broke out to the upside, again showing strong bullish momentum. Is Bitcoin rising coming?
TAO Coin Forecast
Everyone BTC While focusing on its price, TAO Coin, the popular altcoin of recent days, was on another analyst’s agenda. In his evaluation today, Altcoin Sherpa mentioned that the $ 505 and $ 451 levels may be tested in the continuation of the decline. If the $573 level can be reclaimed, the previous target resistance of $682 can be tested.
After this resistance point, the door will be opened for larger peaks. What if the analysts in the first section are wrong and BTC makes bigger bottoms? TAO may also test supports around $220 in this case.
“It is clear that the market has paused and most altcoins have either pulled back or consolidated.
I think it is possible for altcoins that made stronger runs in September (TAO, SUI, etc.) to retreat before rising. “This is a good opportunity to buy.”
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.
