Here’s How Bitcoin (BTC) Can Rally to $58,000 Amid Uncertain Macro Conditions, According to Top Crypto Analyst - BitcoinEthereumNews.com
Bitcoin क्रिप्टोशीर्ष क्रिप्टो विश्लेषक के अनुसार, अनिश्चित मैक्रो स्थितियों के बीच बिटकॉइन (BTC) $ 58,000 तक कैसे बढ़ सकता है02 / 16 / 2022बिटकॉइन एथेरियम समाचार A closely followed crypto strategist is mapping out potential price paths for Bitcoins (BTC) surge to $58,000 amid an uncertain macroeconomic backdrop. In a new strategy session, pseudonymous analyst Cred says three macro factors are impacting investor sentiment in the crypto markets. The first factor is the Federal Reserves hawkish stance which involves the potential tapering of asset purchases and the raising of interest rates to combat inflation. Cred also mentions the growing tensions between Russia and Ukraine and the energy crisis in Europe. While Cred says uncertainty is the current narrative, he believes there are two scenarios where Bitcoin can still pull off a strong rally. Says the crypto analyst on the first bullish script, In terms of bullish continuation longs, I would need to see a breakthrough that confluence and those confluent levels of resistance [$43,000 – $47,100] and that would need to happen at least on the weekly timeframe… Strength through resistance and either you get a very shallow pullback I would expect before a push toward the range high [$58,000]. Or a kind of impulsive breakthrough. You