Bitcoin has started to rise, what do analysts say?
What Are Analysts Saying About BTC?
A crypto asset analyst from on-chain data analytics CryptoQuant shared his possible price predictions for Bitcoin. According to the analyst, the level where Bitcoin fell to $ 17 thousand 662 as of June 18 may not be the bottom level, but according to the analyst, this assumption may not be very valid considering the current level. Another analyst commenting on this assumption, Tomas Hancar, sees a 1/3 chance for Bitcoin to reach this lower price, so we can say that it is very unlikely. Hancar responded to the question of whether to buy at these levels, saying that Bitcoin buying should start now and that there will be a very strong jump in a short time. In other words, according to analyst Hancar, now is the time to buy Bitcoin because he stated that there will be a good jump in the near future. An analyst named Crypto Rover, who is closely followed by many crypto money investors, says that if the bull formation in Bitcoin works, the leading cryptocurrency will enter a sharp upward trend. According to the popular analyst, if Bitcoin exceeds the level of $ 28 thousand, it can rise to $ 40 thousand. The analyst also added that this rise will be a mini trend rather than a bull run. McGlone, a senior analyst at Bloomberg Intelligence, also commented similarly to the comments of other analysts, stating that it is a good buying time for Bitcoin.
Popular Cryptocurrencies of the Week
When we look at the prominent popular cryptocurrencies of the week, Bitcoin leads the list. After Bitcoin comes Luna. When we look at the last 24-hour data of Luna, we see that it has increased by 3.36% and priced around 2 dollars and 15 cents. The cryptocurrency that took its place on the list after Luna is Waves. Waves gained a good 15 percent from $5.65 to $6.48 earlier last week. In the following days, the altcoin, which could not hold on to the $ 6 band, recorded the bottom level of the week while being pulled up to $ 5.6. Having experienced an upward trend again after the bottom level, Waves reached the top of the week by climbing up to $ 6.65, and when we look at the 24-hour data, it is priced at $ 6.33 with an increase of 5.25%. Ceek coin welcomes us in the rest of the list. Looking at Ceek, it also continues to be priced at 24 cents, with a 2% rise, after a stagnant week.
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