Can Bitcoin return to $64.000?

By Tepeto | Tepeto News | 25 May 2021


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For now Bitcoin is starting to climb to the $38000 level. This is the first step to make a solid rise.

 

We need a solid Base at this point to make a healthy climb. If we can establish a base camp at this height the chances of achieving $64.000 will be greatly increased. If not, we will see in the next days a fight for the $30.000 with chances of going down to 20.000.

All the Altcoins are now watching over  BTC next step. Coins like Cardano (ADA) , Polkadot (DOT) or Ethereum (ETH) have lost around 50% of their value in only a few days.

This is a decisive moment, personaly i think that btc will rise to arround $50.000 in the next weeks, but from here to $64.000 the climb will be harder and we can return to $38.000 for a few times before we try the higher point of all time.

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Graph: tradingview.com

 

Anyway my prediction for the end of the year is $75.000 , so i think that is a good moment to invest in BTC and some of the strongest coins like Ethereum, Cardano, Polkadot or BNB . We are in a 50% discount offer now, its a good time to take some profit.

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Tepeto
Tepeto

Crypto Trader and animal lover. Trying to know more than yesterday but less than tomorrow


Tepeto News
Tepeto News

Cryptocurrency news & Market analysis. All my post are not an investment advice, we are here just to learn together

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