Participants of the crypto community shared their vision of the prospects for the further movement of the rate of the most capitalized cryptocurrency.
All cryptocurrencies from the top 10 of the CoinGecko resource capitalization rating have started the new working week with growth. As of 10:44 (Moscow time), bitcoin is trading at $ 33,230. During the day, the cryptocurrency has risen in price by 1.9%. At the same time, BTC lost 7.2% of its value during the week.
The best result of a positive movement for the day was recorded by Ethereum (+ 8.1%). The realized growth allowed ETH to renew its all-time high at $ 1459. Ethereum also showed the best weekly positive movement among the top 10 (+ 15.2%).
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Meanwhile, bitcoin has updated its maximum hash rate. Recall that the previously popular trader and TV presenter Max Kaiser presented a theory according to which the indicator records lead to the growth of the BTC rate.
Members of the crypto community, against the background of the daily growth of bitcoin, continued to analyze the prospects for the further movement of the cryptocurrency. Analyst Inmortal technique believes that the recently implemented BTC correction opened up the opportunity for the asset to renew the absolute maximum value.
DonAlt analyst presented a less positive outlook. He drew attention to the fact that at the moment bitcoin is in a sideways trend, which, in his opinion, has suspended the phase of positive movement. In the event of a breakout of current levels, he believes, BTC will be able to continue to rise.
The author of the S2F model for predicting the price of cryptocurrency, analyst PlanB, in turn, drew the attention of the crypto community to the fact that bitcoin continues to move in accordance with his forecast. In his opinion, the cryptocurrency will be able to reach the level of $ 100 thousand in the time interval between April and September 2021.
Amid a series of positive outlooks for BTC, the cryptocurrency investing fear index remains in the green. This situation indicates the interest of market participants in the acquisition of a digital asset. It should be noted, however, that the index is far from its record indicators.
Recall that Bloomchain previously figured out how the bitcoin rally of 2020 differs from the previous one.