Bitcoin needs to close above $ 85,000 per week to avoid correction to 76k dollars: Analysts

2 days ago

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Bitcoin needs to close above $ 85,000 per week to avoid correction to 76k dollars: Analysts

Bitcoin analysts are carefully watched by the Cryptocurrency price estimate for the next week, as the traditional and crypto market remain directed in the middle of the global trading war and relief of concerns.

Bitcoin’s (Btc) The price can see a few more passages next week, unless it fails to close the week before 85,000 psychological markings of $ 85,000, according to Rian Lee, the main analyst in Bitget research.

“Bitcoin’s relief relief after the FOMC meeting and lower reading of the readings have analysts to close above $ 85,000, as critical to continue upside down,” Lee said Cointelegraph, adding:

“Close above this level could prevent 76,000 and signal strength, while $ 87,000 will provide a bicary confirmation. Macro factors like constant rates, but the refrigerant will support risky assets, but the week will be crucial.”

Bitcoin price lacks momentum, raising only 0.9% in the past week, cointellerographic markets Professional The data show. The disappointed weekly close risks re-setting the price of the previous week of $ 76,600.

Markets should “pay attention” accumulated on the long-term owner: analyst

Although Bitcoin can experience short-term, relief, facilitations after the Federal Market (FOMC), was a positive sign for market participants, according to the Enmanuel Cardozo, a market analyst on the Real-World.

Instead of short-term fluctuations, investors should pay attention to the long-term accumulation of Bitcoin to measure BTC trend, said Analyst Conintlegraph, adding:

“Long-term holders still snot, as we saw in chain data, accumulation of these carriers, quiet buildings, because the flood should have addressed attention.”

The long-term carried at the beginning of February continued a bunch of Bitcoin, redemption of over $ 21 billion by Bitcoin.

The total offer of Bitcoin, which held in the long run, has increased by over 250,000 BTCs in less than two months, from 13.1 million BTCs 11. February at over 13.3 million March, 22. Marta, Glass The data show.

Despite the wave of positive regulatory and crypto-specific development, Global tariff fears They will continue to put pressure on the markets until at least 2 April, Nicolai Sondergaard, research analyst on Nansen.

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Journal: Bitcoin’s odds in June High Maza, Sol’s outflows of 485 million dollars, and more: Hodler’s Digest, 2. – 8. March