Ethereum, the second cryptocurrency with the largest market capitalization rises almost 2% and its weekly growth registers 12%. Surprising increases were those of Polkadot, which continues to rise without reaching 1% but in the week is reaching almost 19%.
After the debut of the first fund traded in Bitcoin, the market consensus is that once it exceeds its immediate resistance, the rises do not stop until the psychological figure of $ 100,000.
“A close above $ 65,000 on the most sought after crypto asset opens the way to $ 80,000,” said Jeffrey Halley, an analyst at Oanda. And just a drop through $ 56,500 implies that bitcoin as an invertible asset class is over for now. ” Strong demand for bitcoin ETFs is what is needed right now. “If traders see the exchange’s performance as promising, short-term resistance could come from the $ 70,000 level,” said Oanda analyst Edward Moya. Instead, “the low trading volumes of these vehicles could trigger a sell into bear market territory,” he adds.
“All the indicators seem to point to the fact that for the moment the market will continue its upward trend, at least until it reaches 66,000 or $ 67,000, where it seems that it may meet the first major resistance on its way to $ 100. .000, “said Álvaro Alcañiz Rubio, CMO and co-founder of Onyze.
Meanwhile, a panel of 50 experts consulted by Finder.com expects the price to peak at $ 80,021 this year, before dropping to $ 71,415 by the end of 2021.
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