Bitcoin

Rekt

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/exploring-recent-bitcoin-price-trends-and-analyst-predictions/" data-wpel-link="internal">Exploring Recent Bitcoin Price Trends and Analyst Predictions</a> 
<a href="https://coin-turk.com/planb-ve-anthony-pompliano-2022-bitcoin-btc-tahminlerini-acikladi" data-wpel-link="internal">Bitcoin</a> price found buyers at $63,800 after dropping to $59,678 about 12 hours ago. After the US market opened, <a href="https://coin-turk.com/bitcoin-btc-fiyati-mantiksiz-kripto-paralar-ne-kadar-duser" data-wpel-link="internal">BTC</a> turned its direction upwards, reaching its daily peak. Following comments from Fed member Williams that the data wasn’t as bad as expected, will <a href="https://en.coin-turk.com/smart-moneys-direction-in-cryptocurrency-investments/" data-wpel-link="internal">Bitcoin</a>‘s rapid rise continue? 
<h2 style="text-align: justify" id="has-bitcoin-btc-bottomed-out">Has Bitcoin (BTC) Bottomed Out?</h2> 
Short-term fluctuations are significantly impacting investors, and the losses in Bitcoin price have led to frustrating outcomes for altcoins. News of a postponed attack on Iran came late yesterday, and today, this development is said to have significant implications through the ETF channel. We are now in the midst of a rise, the continuation of which remains uncertain. 
So, what scenarios do market experts predict for April, setting aside short-term movements? 
<h2 style="text-align: justify" id="crypto-analysts-offer-predictions">Crypto Analysts Offer Predictions</h2> 
Famous for predicting many major movements, Rekt Capital talks about a “reaccumulation range” that will match the price behavior of <a href="https://en.coin-turk.com/bitcoin-bulls-and-bears-on-the-verge-of-extinction-analyst-claims/" data-wpel-link="internal">BTC</a>/USD. This cycle is different, and the approval of US-based ETFs brought early price peaks. Rekt Capital wrote; 
<blockquote> 
 “One of the most important things to note about Bitcoin’s Reaccumulation Ranges during this cycle is this: Downward wicks below the Range Bottoms tend to appear to trick investors into a fake crash (black circles) before continuing the uptrend.” 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="wp-image-341846 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/04/Rekt-Capital-BTC-analiz.jpeg" alt="" width="1211" height="854"> 
According to him, there is not much to worry about. Analyst known as Jelle commented; 
<blockquote> 
 “Bitcoin simultaneously tested the 3-day RSI 50 level and the 3d 33EMA. This last happened earlier this year at $38,000. I am quite confident the outcome will be similar: prices will rise further.” 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-341847 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/04/bitcoin-yukselisi-basliyor.jpeg" alt="" width="954" height="1228"> 
Popular crypto commentator Poppe remains optimistic. While many of his predictions have been discarded, considering the trend is upward, his views are significant, and he wrote; 
<blockquote> 
 “A boring period for Bitcoin, eager to consolidate here. Overall, I don’t think this will change in the coming months, but I believe we have found the bottom in altcoins.” 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="wp-image-341848 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/04/poppe-btc-tahmin.webp" alt="" width="1242" height="661"> 
If a downturn occurs, Poppe’s bottom targets are $52,000 and $45,000. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/exploring-recent-bitcoin-price-trends-and-analyst-predictions/" data-wpel-link="internal">Exploring Recent Bitcoin Price Trends and Analyst Predictions</a></h5>

Exploring Recent Bitcoin Price Trends and Analyst Predictions

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