BTCUSDT: Expected to increase nearly 50,000 USD
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Hello dear friends! Karina has some price increase perspectives i wants to share with you! Let's find out:3
Currently, Bitcoin trading is becoming more attractive than ever. There was a time when Bitcoin reached $38,000, the highest level in over a year. This further strengthens the belief among traders that Bitcoin will soon reach a record high.
"In the past year, the cryptocurrency market has been waiting for a suitable catalyst. News about Bitcoin ETF is something that many people are still waiting for and expecting. If Bitcoin ETF is approved, we can expect another price increase."
On the other hand, from the long-term analysis chart:
The upward momentum is expected as a reversal signal from EMA 34 is forming. By measuring the Fibonacci retracement from the price rally above $69,000 to the corrective phase (price recovery phase), two important levels on the chart are marked at 0.5 and 0.618, corresponding to prices near $48,500. That is also Karina's target. What about you? Do you think BTC has the potential to rise to $48,000 or not?
Currently, Bitcoin trading is becoming more attractive than ever. There was a time when Bitcoin reached $38,000, the highest level in over a year. This further strengthens the belief among traders that Bitcoin will soon reach a record high.
"In the past year, the cryptocurrency market has been waiting for a suitable catalyst. News about Bitcoin ETF is something that many people are still waiting for and expecting. If Bitcoin ETF is approved, we can expect another price increase."
On the other hand, from the long-term analysis chart:
The upward momentum is expected as a reversal signal from EMA 34 is forming. By measuring the Fibonacci retracement from the price rally above $69,000 to the corrective phase (price recovery phase), two important levels on the chart are marked at 0.5 and 0.618, corresponding to prices near $48,500. That is also Karina's target. What about you? Do you think BTC has the potential to rise to $48,000 or not?
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