Bitcoin in recent days has risen in value by 3.23% to a price of $4080. After the first year growth and a big part of altcoins, Crypto RBC. Some industry experts believe that the current price spike is only a temporary warming in the market. Analyst CrackedMarket Yani Ziedins said that investors should be ready for an even greater fall in the value of the main digital coins.
“Bitcoin can not avoid the resistance at $4000, even after a short climb above this price. If buyers have not yet come to the rescue, so they will not come. Investments that refuse to increase, eventually reduced. Owners of bitcoins need to be ready to re-decrease,” — said Ziedins.
Also yesterday, the trader under the name Flood has published a forecast regarding the price of bitcoin. He believes that the first coin should drop to $3700, and then it can climb above $4000.
This is my trading plan for the next couple of weeks. $BTC pic.twitter.com/tu8jHsKVAR
— Flood [BitMEX] (@ThinkingUSD) March 26, 2019
Coindesk analyst Omkar Godbole suggests that if bitcoin will remain at around $4055, the government bears the market will go to the bulls. Previously, he predicted that the recovery rates may stay at around $4000 and even go back to key support levels at $3775 and $3658. Also, it is not the first time notes the repetition of history, when the cryptocurrency was stuck in a certain price stalled.
There are more positive predictions about the rate of BTC. Recently specialist Markets Think Naeem Aslam said that long-term investors should not worry about price jumps, the first cryptocurrency, as bitcoin price will rise to $400 thousand in the foreseeable future.
The growth of the first cryptocurrency, according to tradition, had a positive impact on the overall state of the market. All the 20 largest by market capitalization coins are now in the green zone. The best results showed that EOS and Cardano, which rose by 12.12% of 10.94%, respectively.
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