Bitcoin shock forecast: The BTC course could remain at $ 30,000 in the long term
Bitcoin shock forecast: The BTC course could remain at $ 30,000 in the long term
Bitcoin shock forecast: long -term at 30,000?
The Bitcoin course has caused mixed feelings among investors in the past few weeks. The price rose for a short time over $ 31,000, but then he stagnated and has been around $ 30,000 for a month. This sideways movement makes some experts skeptical and they predict a long-term whereabouts of the Bitcoin course at this level.
In the past, there were two great climbs for the value of the bitcoin, which convinced many investors. However, a crash always followed that pressed the price to less than $ 15,000. However, Bitcoin has been in significantly smaller areas for about five weeks and commutes around $ 30,000. Private estimates and predictions indicate a further decline in the Bitcoin course and many investors believe that the bull market is over for the time being.The second largest cryptocurrency Ethereum also shows a similar development and has hardly moved up or down since April. Initially, the course was over $ 2,100, but then fell to $ 1,650.50. This was followed by an increase to over $ 2,000, but this year Ethereum has only risen just once above this brand. Investors' expectations are high, but so far the recent updates and the switch to Proof-of-Stake (POS) have not been able to provide a positive trend.
experts disagree whether the current development sends bullish or bear signals. Some see great potential for Bitcoin and advise a reasonable start, while others are skeptical. A positive sign is Blackrock's application for a Bitcoin Exchange Traded Fund (ETF), which is checked by the Securities and Exchange Commission (SEC). However, even this news could not get the Bitcoin course to clearly leave the 30,000 mark.
In the meantime, a positive trend is emerging in some memes coins. Wall Street Memes has already sold 80 % of the tokens in advance and has found over 46,000 investors. Thug Life is also about the end of the pre-sales with sold-out tokens. In summary, it can be said that the supposed bull run for Bitcoin and other old coins is still in its infancy. The sideways movement of the courses allows both bullish and bear interpretations. However, the attention of investors is currently attracted by the Meme Coins Wall Street Memes and Thug Life, which achieve good results in advance. It remains to be seen how the courses will develop in the coming weeks.Note: This article is based on information from cryptopr and contains no invented content. If you have any questions about the article, please contact info@cryptopr.com.
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