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According to Stockton $43K in Bitcoin May Lead to $51K
According to Katie Stockton, founder of Fairlead Strategies company and analyst, $43K in Bitcoin may lead to $51K.
Yazar: Eylem Özer
Yayınlanma: 28 Temmuz 2021 23:29
Güncellenme: 19 Kasım 2024 21:46
According to Stockton $43K in Bitcoin May Lead to $51K
According to Katie Stockton, founder of Fairlead Strategies company and analyst, $43K in Bitcoin may lead to $51K.
Stockton stated that the leading cryptocurrency may face a resistance at the level of $ 44,600, this figure is already where the 200-day moving average is located, and continued as follows: “Bitcoin has managed to hold on to the $30,000 support in its long-term uptrend. But more importantly, both Bitcoin and Ethereum managed to surpass their 50-day moving averages, which creates positive momentum in the short-term.” The biggest cryptocurrency BTC, which has been increasing in the last few days, with the recently released news titled; "Amazon will start accepting Bitcoin at the end of 2021." BTC reached above 40 thousand dollars with these news. After the company officially denied this news, BTC fell to 37 thousand dollars. Despite this decline, Bitcoin has risen above the $ 40,000 level several times in the last 1-2 days, even testing $ 40,300 at noon today. Stockton, who has supported Bitcoin many times before, said that the "death crosses" should not mislead anyone, and that this formation can sometimes occur at the lowest levels of the declines. Some analysts stated that the leading cryptocurrency is likely to fall due to the formation of the 'death cross'.İLGİLİ HABERLER
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