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Daily crypto fundam...
 

Daily crypto fundamentals  

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Truffelqci
(@trufelqci)
Trusted Member
Joined: 6 months ago
Posts: 95
29/06/2019 2:43 pm  

The recent rally in bitcoin has turned around sentiment completely. Analysts from dagx.live are projecting a rally to new lifetime highs within the end of this year. Johan Tomasson senior analyst at dagx.live has a target objective of $21,000 based on his analysis.

That would entail a move of about 78.5% from the current levels. Though this number looks easily achievable, especially after the sharp up-move from the lows, as the price moves higher, Tomasson anticipate greater supply to hit the market. The people stuck at higher levels from the previous bull market will try to bail out of their positions and the traders who bought at lower levels will book profits. Hence, dagx.live's specialist expects a correction or consolidation in the markets soon.

The number of people searching google for bitcoin has increased. However, the number is way below the peak hit during the previous bull market. This shows that people are beginning to notice it again but there is still no euphoria around it, which is a positive sign for the long term.

The recent rally in bitcoin has turned around sentiment completely. Analysts from dagx.live are projecting a rally to new lifetime highs within the end of this year. Johan Tomasson senior analyst at dagx.live has a target objective of $21,000 based on his analysis.

That would entail a move of about 78.5% from the current levels. Though this number looks easily achievable, especially after the sharp up-move from the lows, as the price moves higher, Tomasson anticipate greater supply to hit the market. The people stuck at higher levels from the previous bull market will try to bail out of their positions and the traders who bought at lower levels will book profits. Hence, dagx.live's specialist expects a correction or consolidation in the markets soon.

The number of people searching google for bitcoin has increased. However, the number is way below the peak hit during the previous bull market. This shows that people are beginning to notice it again but there is still no euphoria around it, which is a positive sign for the long term.


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