Ethereum

Bitcoin

Spot

Coin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/renowned-turkish-crypto-analyst-shares-key-predictions-for-bitcoin-dominance-and-altcoins/" data-wpel-link="internal">Renowned Turkish Crypto Analyst Shares Key Predictions for Bitcoin Dominance and Altcoins</a> 
The world-famous Turkish crypto analyst known for his successful past predictions has shared these important forecasts. Known by the pseudonym EfloudTheSurfer, the analyst had previously identified many significant price movements and critical ranges. Today, he made important predictions a few hours ago regarding <a href="https://en.coin-turk.com/current-market-overview-todays-featured-cryptocurrencies/" data-wpel-link="internal">BTC</a> market dominance (altcoins), ETH, and ARB Coin. 
<h2 style="text-align: justify" id="will-altcoins-rise">Will Altcoins Rise?</h2> 
BTCD had experienced a significant pullback, which meant a potential rise for altcoins. Today, EfloudTheSurfer shared the following chart on his <a href="https://newslinker.co/category/social-media/" data-wpel-link="exclude">social media</a> account for those wondering if the rise in altcoins will continue, saying; 
<blockquote> 
 “The scenario we set up is going well so far. I was predicting that these areas could be support zones. Therefore, with micro-LTF confirmations, dominance could increase even more. 
 If a break below the 53.7% level occurs, we may have to postpone the scenario for a while. I believe this could happen with a strong upward rally of BTC. 
 The upper blue box, which we expect to act as resistance, and the loss of the box it is currently finding support in could lead to another altcoin rally like the one we’ve experienced over the last 1.5 months.” 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="wp-image-296286 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/12/BTC-Piyasa-Hakimiyeti-Analiz-scaled.jpeg" alt="" width="1202" height="627"> 
<h2 style="text-align: justify" id="eth-and-arb-coin-price-prediction">ETH and ARB Coin Price Prediction</h2> 
The gains of altcoin king <a href="https://en.coin-turk.com/what-does-53400-eth-transferred-to-coinbase-mean/" data-wpel-link="internal">Ethereum</a> against BTC are significant both for the weakening of BTCD and the general rise sentiment for altcoins. ETH has not performed as expected this year and is still not far from the bottom levels of the last year against BTC. Efloud wrote; 
<blockquote> 
 “At this stage, I can give two scenarios for those considering spot investment in altcoins or who have margin positions. 
 1) The breaking of the red box, the RH area, as mentioned in the previous analysis. 
 2) Buying the 0.053 (EQ) and RL area in parts or looking for confirmation in LTFs. 
 BTC Dominance analysis could also be useful.” 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="wp-image-296287 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/12/ETHBTC-Efloud-Analiz.png" alt="" width="1200" height="626"> 
Lastly, about ARB Coin, in which he is currently 38% in profit from a long position, he wrote; 
<img loading="lazy" loading="lazy" decoding="async" class="wp-image-296288 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/12/ARB-Coin-Fiyat-Tahmini-scaled.jpeg" alt="" width="1203" height="637"> 
<blockquote> 
 “I have shared many different trades here, but I will continue with the one based on the last three. 
 There’s a 38% profit from the first long area. There’s a 23% profit from the long in the red box. There’s a 6.6% profit from the last shared long with a note on the chart. 
 As I mentioned in my previous analysis, I am expanding my portfolio with a sell-at-resistance, buy-at-support model. I have closed the others except for the long opened at the bottom. Spot long-term investments continue. The price could pull back towards the green-lined area if there’s a bearish sign. I am thinking of building new positions from that area and slightly below.” 
</blockquote> 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/renowned-turkish-crypto-analyst-shares-key-predictions-for-bitcoin-dominance-and-altcoins/" data-wpel-link="internal">Renowned Turkish Crypto Analyst Shares Key Predictions for Bitcoin Dominance and Altcoins</a></h5>

Renowned Turkish Crypto Analyst Shares Key Predictions for Bitcoin Dominance and Altcoins

목차

COINTURK NEWS

2023년 12월 31일에 게재된 다른 기사

Weekly Analysis of MemeCoins: PEPE vs. Rebel Satoshi vs. Dogecoin

The Central Bank of Turkey Made a Press Release for the Digital Turkish Lira: There Are Cryptocur...

Bitcoin retains NFT sales top spot in December

ChatGPT’s bullish price prediction for SHIB in 2024 is…

BitMEX Founder Arthur Hayes Lost A Large Amount Of Money In His Recent Crypto Transactions

How EIP-7514 Will Change Ethereum Staking

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!