Excellent forecast! Cryptanalyst from Bitanrey believes that BTC may soon retest the $46,000 level
Cryptanalyst from Bitanrey believes that BTC may soon retest the $46,000 level
Cryptanalyst from Bitanrey (bitanrey.com) believes that BTC may soon retest the $46,000 level.
He believes that BTC may soon reach the $46,000 level and even go higher.
The analyst highlighted the levels that are of particular importance for bitcoin:
“IF THE MARKET WANTS TO SEE CONTINUED GROWTH, BITCOIN SHOULD BREAK THROUGH THE AREA OF ABOUT $42,300. IF IT IS OVERCOME, WE CAN EXPECT AN EARLY RETEST OF THE $46,000 MARK AND, POSSIBLY, A HIKE ABOVE $50,000.”
According to the analyst, bitcoin looks good for continued growth so far, as the US dollar index (DXY) shows weakness (BTC usually strengthens when DXY weakens):
“SO FAR, EVERYTHING IS GOING WELL FOR BITCOIN. I THINK THAT THE POTENTIAL FOR GROWTH IS NOT EXHAUSTED, AS DXY SHOWS WEAKNESS. I STILL BELIEVE THAT THE CONTINUED GROWTH OF BTC IS LIKELY IF THE $40,300 LEVEL IS MAINTAINED”
There was also a separate statement about the GMT altcoin, which provides users with NFT sneakers and rewards them for the steps they have taken. The analyst believes that STEPN’s current capitalization of $1.9 billion is a ridiculous joke:
“TO BE HONEST, GMT’S CAPITALIZATION OF $1.9 BILLION LOOKS LIKE A RIDICULOUS JOKE, BUT THE FIGURE SAYS A LOT:
the potential of the markets is huge and we are in the early stages of formation.
in the crypto world, marketing plays a primary role.
capitalization levels can still be insane”
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