Crypto Fasting

Crypto Fasting

By Kenzoo | Kanza Blog | 22 Mar 2024


The fasting month started with a welcome momentum in the crypto market. In accordance with the habits or journeys that have been traveled in the previous year. Entering the middle of the fasting month or the month of Ramadan, it seems that Sam is also undergoing a habit of fasting the crypto market is also fasting.

Crypto fasting where sales and purchases are quiet does not appear to be a crowd that occurs. At the beginning Bitcoin touched the $72 k level and entered the middle where today at the time of this writing the Bitcoin price fell to the $66 k level.

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Will the crypto fast continue until the end of the Ramadan?

If you look at what has happened before. The crypto market will fluctuate again towards the end of the fasting month until Eid al-Fitr approaches. Even though most crypto players who are Muslims will focus on celebrating Eid al-Fitr, it is certain that the commodity market and the gold market will be busy. And that has a positive impact on the crypto market as well.

According to the author's prediction, the crypto market, especially Bitcoin, can reach the $75k level, even if it is possible to reach $80k. However, one thing to keep in mind is that April is not a tax payment, which means that many entrepreneurs who especially own crypto will also have to think about the reciprocal value of the taxes they spend. This means that in April after the tax payment is complete, the crypto market will also be crowded again with conditions that will bring new positive charts this year.

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Kenzoo
Kenzoo

Just nothink


Kanza Blog
Kanza Blog

Just blogging

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