‘Buy now or regret later’, analyst predicts up to 30% rise for Bitcoin, Ethereum and Cardano
Optimism has returned to the cryptocurrency market as the price of () has once again approached $ 50,000, and with it, analysts once again identify an opportunity for the main cryptocurrency on the market to break its highest historical value by above USD 64,000.One such analyst is Akash Girimath of FXStreet, who notes that Bitcoin’s price is currently holding above the support floor of $ 46,833, indicating that the crypto asset appears to be consolidating between two crucial barriers, $ 50,000 and $ 44,705.This is how traders knew that LUNA and RAY were on the verge of a bullish breakoutIn this way, according to him, a decisive daily close above $ 50,000 would bring more confidence among investors and start an uptrend that will recover the losses caused after the crash of September 7 and lead BTC to explore the Fair Value Gap (FVG) ranging from USD 51,483 to USD 56,361.Read the full article on Fintech ZoomLegal warning: Fintech Zoom would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fintech Zoom doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.
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