Fairlead Strategies experts predict the growth of the first cryptocurrency to $ 135,000, which will follow the correction. This was in an interview with CNBC by the founder of Katie Stocton.
At the time of writing, the bitcoin exchange rate is at $ 118,300. Over the past day, the price of digital gold dropped by 3%, according to Coingecko.
The forecast of Fairlead Strategies experts is based on the “projections of the measured movement” – an approach in techanalis, in which they are guided by the scale of past price impulses.
She added that the positive dynamics of the first cryptocurrency contributes to the growth of shares of companies like Coinbase and Strategy and other assets. So, over the past seven days, two Ethereum and XRP have risen in price by 16% and 25%, respectively.
Recall, on July 14, Bitcoin updated the historical maximum above $ 123,000. The capitalization of the asset overtook the GDP of Canada. Earlier, TD Cowen analysts predicted the increase in digital gold price to $ 155,000 by the end of the year.
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Source: Cryptocurrency
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