In the near future, the cost of Bitcoin (BTC) will easily rise to the level of $ 7,000, said Mati Grispen, a senior analyst at eToro. He explained his assumption by technical analysis of the chart of the course of the first cryptocurrency, writes RBC Krypto .
“Are you kidding? We have not even reached the first Fibonacci level. If we carry out the Fibonacci retracement level from the BTC's historical maximum, we can see that we will easily rise to $ 7,000 before facing the first wall , ”wrote Grispen.
Are you frickin kidding me ?! We haven't even hit the first fib level yet.
We couldn’t be able to take it up to $ 7,000 before hitting the first wall. pic.twitter.com/RZMSIMOysY
– Mati Greenspan (@MatiGreenspan) on April 4, 2019
Many users disagreed with it. They believe that in the near future the price of cryptocurrency will face strong resistance at the level of $ 6000.
You can’t just draw it and you can’t draw it. If you’re already overextended. Talking about weeks, possibly months here
– #DYORangutang (@cryptorangutang) on April 4, 2019
“You can’t just draw the Fibonacci level and ignore all the strong resistances before it. Overcoming the $ 5800- $ 6000 marks will take some time. Maybe weeks or months , ”wrote an analyst under the name DYORangutang.
So says user L'Etrusco. He wrote that the price of BTC could rise above $ 6000 only after it rolled back to $ 4000.
I disagree. Strong resistance at 6k area. I don't think we will break.
In fact, I think we won't even get it back down to 3 / 4k.– L'Etrusco (@_Porsenna) April 4, 2019
A similar opinion is shared by Roman Daszkiewicz, he called the next serious resistance $ 5,600- $ 5,700.
The $ BTC weekly 50MA around $ 5600- $ 5700 is a lot bigger than that right now pic.twitter.com/nyo5AfeAhX
– Roman Daszkiewicz (@RDaszkiewicz) on April 4, 2019
Publication date 04/05/2019
Share this material on social networks and leave your opinion in the comments below.
