Why can the next 30 days be a changing toys for the market

Crypto Analyst Cryptocon provided valuable visions in Bitcoin work In this course. Based on its analysis, the next thirty days can be a change of games, as BTC has been assigned a significant transition to the upward trend.

Why can the next 30 days be a changing games because the price of bitcoin moves it

in X postCryptocon expects that the price of bitcoin can exceed $ 160,000 in the next thirty days. This will be a change in the market, especially given the landmarks in Encryption at the moment. The analyst indicated that Bitcoin spent about 583 days in this session.

Related reading

On the other hand, the analyst noted that the price of Bitcoin has spent only 175 days, which makes the procedures of importance meaning to the upward trend. Watching with this, hinted to the patience of patience, taking into account how the bitcoin ranges for most Course. However, Cryptocon is convinced that the next enemy for 30 days is one of the wonderful measures that the market wants to witness to witness.

The graph associated with the analyst showed that the price of bitcoin can record up to 37 days of expansion at this next stage. The graph also showed that the main encryption can gather to it It reaches 160,000 dollars In March after this upward trend. This is difficult for the broader encryption market as Altcoins is also expected to gather with BTC’s move to the upward trend.

Before now, Cryptocon had already confirmed that the bull cycle was not finished despite the encryption market that faces the largest liquidation event in this session, as more than two billion dollars from the market were eliminated.

BTC is still not certain now

While the price of bitcoin may gather to $ 160,000 in the next thirty days, the encryption analyst Ali Martinez It is mentioned that the direction of BTC in the short term is still uncertain. He pointed out that the main encryption merges between 90,900 dollars and 108,500 dollars. The analyst added that the trend is still not certain until there is a clear outbreak outside this range.

Related reading

However, Kevin Capital, the encryption analyst, suggested that the price of bitcoin may soon record a huge bounce of up to $ 111,000, on the occasion of a New at all (ATH) For pioneering encryption. He pointed out that all the main liquidity on the monthly heat map is the upward trend towards the price level of $ 111,000. The analyst added that this cannot be ignored, especially after a tremendous surrender. He also indicated that he would be shocked if BTC did not hold this liquidity and head.

At the time of this report, Bitcoin price is traded by about $ 9,7800, a decrease of more than 1 % in the past 24 hours, according to Data From Coinmarketcap.

Distinctive image from Istock, Chart from TradingView.com