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Encryption Tony Severino It provided very optimistic expectations for the Bitcoin price, expected that the main cryptocurrency can rise to $ 321,000. The analyst admitted that this goal was very high for Bitcoin, but added that it was just “accounts”.
Bitcoin price will reach $ 321,000 in this market round
In a Share sub -stackTony Severino expects that the price of bitcoin could rise to $ 321,000 in this upward trend. This came at a time when the analyst shed light on the capabilities Head and shoulder pattern Formed on the bitcoin graph. The analyst claimed that if this bullish style is correct, he expects a maximum goal of $ 321,000 per bitcoin.
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Severino admitted that the target price of the bitcoin price is very high, but he indicated that this is “mathematics”. It is interesting that the cryptocurrency analyst has continued to provide an expectation of the price of the main encrypted currencies based on another upscale pattern. According to him, Bitcoin can reach $ 345,000 if touched the upper limit for Al -Soudi Al -Awal Al -Osami Channel Over the past eight years or nearly.
Meanwhile, Cevirino also provided more conservative goals for Bitcoin. The analyst expected the bitcoin to reach at least $ 158,000. This came as it indicated that the 2021 session reaches its climax Inverted Fibonacci extension He can expect the peak of the 2025 cycle. If so, it is mentioned that the peak of this inverted Vibonacci extension falls between the slightest estimates of BTC at $ 158,000.
The cryptocurrency analyst also noted that there is another way to use the Fibonacci 1.618 extension that includes dropping the target of the 3 -wave top from the bottom of the wave 1. Accordingly, he added that this calls for a potential goal of $ 194,000.
Severino made another version that displays the Fibonacci 1.618 extension from the top of the III sub -wave from 5 to the bottom of the II sub -wave of 5. If this happens, bitcoin may reach a slightly lower target at $ 186,000. Finally, the cryptocurrency analyst also raised the possibility of bitcoin at its peak at 191,000 dollars. And the most prominent a Taurus patternWhich, if valid, can send BTC to this goal.
BTC price movement in the short term
Encryption Ali Martinez I saw visions about the movement of bitcoin in the short term. In X Publication, he mentioned that the main support for Bitcoin is 97,877 dollars, with more than 101,000 bitcoins collected. The analyst also pointed out that stability above this level is crucial to maintaining the bullish momentum of the major encrypted currencies.
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In another X Publication, the cryptocurrency analyst presented up budgets for bitcoin price. He indicated that the number Bitcoin transactions More than $ 100,000 doubled last week, as it rose from $ 15,620 to $ 32,320.
At the time of this report, Bitcoin price is traded at about 104,300 dollars, a decrease of approximately 1 % over the past 24 hours, according to Data From Queen Market Cap.
Distinctive image from UNSPLASH, scheme from TradingView.com
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