Bitcoin (BTC): on the way to $150K?
1) BTC continues to attract investor attention despite the correction. Key factors influencing the price:
2) Legislative initiatives: Progress of the CLARITY Act in the US may affect BTC adoption.
3) Economic data: Reports on inflation and retail sales in the US are expected.
4) BTC ETF: Fund flows into BTC ETFs support demand.
📈 Growth scenario: Breaking the $120K level is possible with positive economic data and steady demand for ETFs.
📉 Decline scenario: If the price falls below $100K, it may signal the beginning of a correction.
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🔹 Ethereum (ETH): is it ready for $8,000?
ETH was trading around $4300, and analysts are considering the possibility of a rise to $8,000. Supporting factors:
1) Dencun upgrade: Improvements in the ETH network enhance its attractiveness.
2) Growth of Layer 2 solutions: Reduced fees and increased transaction speed.
3) Institutional interest: Increased investments in ETH.
📈 Growth scenario: Breaking the $4,400 level will open the way to $5,000, and then possibly to $8,000.
📉 Decline scenario: If the price falls below $2,895, it may signal a decrease in interest.
🧠 Tips for traders:
1) Use technical indicators: RSI, MACD, and support/resistance levels will help in decision-making.
2) Keep an eye on the news: Economic reports and legislative initiatives can significantly impact the market.
3) Diversify your portfolio: Don't put everything on one coin.
💬 Share your opinion: how do you assess the current situation with BTC and ETH? What growth or decline scenarios are you considering?
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