терминалдарда has broken above the $21,000 mark in intraday trading Friday, putting up a bear market rally as a recently hot АКШ доллары cools some of its momentum.
The weakening dollar index has seen a bump in risk asset markets, with cryptocurrencies жана запасы rising yet again ahead of the weekend.
Ыкчам жаңылыктарды, кызуу кеңештерди жана базарды талдоону издеп жатасызбы?
Invezz маалымат катына катталуу, бүгүн.
A look at the flagship cryptocurrency’s performance today, shows we currently have a 9.7% return in the past 24 hours. Bitcoin (BTC / АКШ) presently hugs $21,186 to put the ‘digital gold’ more than 5% in the positive over the weekly time frame.
As Bitcoin recovers from its slump to June 2022 levels, the stock market has also seen decent gains (all major US indices are more than 1% up as at 11:30 am ET on Friday). Meanwhile, the greenback has eased against a basket of its peers and is down nearly 1%.
Bitcoin price: analyst view
Bitcoin has also reclaimed the $400 billion market cap level, the upside pushing the total crypto market capitalization to $1.09 trillion with a 24-hour change of +6.4% at the time of writing.
What’s next for BTC? Some of the top crypto analysts have shared their short term projections and талдоо.
Pseudonymous crypto analyst The Wolf of Few Streets мындай дейт: the fall to lows of $18,500 was catalysed by the dollar’s strength. The trader shared via Twitter:
“At the moment, the dollar is correcting and the stock markets are showing a slight plus, this gives strength to the crypto market and there is a high chance to recover. On the weekly chart, this reminds me a double bottom formation and looks like a consolidation.”
Altcoin Sherpa says the $21,700 area could be of interest to bears, though a breakout here could set Bitcoin to the $23k level.
Rekt Capital, another popular crypto analyst with more than 328,000 Twitter followers, holds a similar view as above. He opines that Bitcoin could rally into the 200-week moving average (above $23,200) before flipping that into resistance.
Source: https://invezz.com/news/2022/09/09/bitcoin-reclaims-21k-as-us-dollar-corrects-what-analysts-are-saying-about-btc/