Ethereum

Accumulate

Bitcoin

April

when

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/analyst-predicts-last-chance-to-accumulate-bitcoin-and-ethereum-before-next-bull-run/" data-wpel-link="internal">Analyst Predicts Last Chance to Accumulate Bitcoin and Ethereum Before Next Bull Run</a><br></p>
<p style="text-align: justify"><strong>Crypto currency</strong> markets closely followed analyst mentioned that investors will have one last chance to accumulate <a href="https://coin-turk.com/piyasa-gune-dusus-ile-basladi-bitcoin-btc-ve-altcoinlerde-son-durum" data-wpel-link="internal">Bitcoin</a> (BTC) and <strong>Ethereum (ETH)</strong> at lower levels before witnessing the next bull phase.</p> 
<h2 id="bitcoin-s-60-000-target">Bitcoin’s $60,000 Target</h2> 
<p style="text-align: justify">Popular crypto currency analyst Rager, in his statements on <a href="https://newslinker.co/category/social-media/" data-wpel-link="exclude">social media</a> platforms, mentioned that he is keeping some of his capital on the side in anticipation of another pullback. According to Rager, <a href="https://en.coin-turk.com/analysts-insight-into-bitcoins-crucial-stages-of-growth/" data-wpel-link="internal">Bitcoin</a> and Ethereum might experience a correction around the April halving when BTC miners’ rewards are cut in half. The analyst stated the following:</p> 
<blockquote> 
 <p style="text-align: justify">We are holding positions and expect Bitcoin and ETH to pull back in the next few months. This will be the last great opportunity for the cycle.</p> 
</blockquote> 
<p style="text-align: justify">Taking a closer look at Bitcoin, Rager believes that BTC is ready for a short-term pullback. According to the analyst, the expected pullback could set the stage for Bitcoin to rise above $60,000. The expert stated the following in his remarks:</p> 
<blockquote> 
 <p style="text-align: justify">The uptrend starting from the bottom primarily consists of a few days of strong price movement followed by numerous interruptions and pullbacks. The only period without a significant pullback that saw a continuous decline was from October to January when the BTC spot ETF (exchange-traded fund) approval was in the foreground. There are many upward opportunities in Bitcoin and the market in general, but a short-term pullback can occur. After a pullback and people showing a downtrend, we will likely see another rise breaking $60,000 for the first time since 2021.</p> 
</blockquote> 
<p><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-319299 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/02/eth-2-scaled.jpg" alt="" width="2560" height="1220"></p> 
<h2 id="critical-level-for-ethereum">Critical Level for Ethereum</h2> 
<p style="text-align: justify">At the time of writing, Bitcoin was trading at $51,683. Rager then addressed Ethereum, stating that the leading smart contract platform’s native token is ready to climb higher, concluding with the following:</p> 
<blockquote> 
 <p style="text-align: justify">The question is: How long can ETH stay above $3,000 this time? The target for this rise continues to be $3,500, and I believe we can reach this target sooner or later with the talk of an ETH spot ETF.</p> 
</blockquote> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/analyst-predicts-last-chance-to-accumulate-bitcoin-and-ethereum-before-next-bull-run/" data-wpel-link="internal">Analyst Predicts Last Chance to Accumulate Bitcoin and Ethereum Before Next Bull Run</a></h5>

Analyst Predicts Last Chance to Accumulate Bitcoin and Ethereum Before Next Bull Run

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