Ethereum

Bitcoin

when

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/how-will-bitcoins-next-move-affect-altcoins/" data-wpel-link="internal">How Will Bitcoin’s Next Move Affect Altcoins?</a><br></p>
<p style="text-align: justify"><strong><a href="https://en.coin-turk.com/bitcoins-recent-surge-spurs-market-optimism/" data-wpel-link="internal">Bitcoin</a></strong> has started to rise, turning attention towards altcoins. Investors and analysts continue to speculate about when the post-halving rise might begin. Amid these expectations, an analyst made bullish statements about an altcoin ranked in the top five by market value.</p> 
<h2 style="text-align: justify" id="analyst-comments-on-buying-bnb">Analyst Comments on Buying BNB</h2> 
<p style="text-align: justify"><strong>DonAlt</strong>, an analyst on a YouTube channel, indicates that <a href="https://en.coin-turk.com/bitcoin-and-binance-coin-price-predictions-for-june/" data-wpel-link="internal">BNB</a>, the native token of the <a href="https://en.coin-turk.com/binance-announces-system-upgrade-for-enhanced-futures-trading/" data-wpel-link="internal">Binance</a> exchange and BNB Chain, is currently hosting a significant upward price movement.</p> 
<blockquote> 
 <p>I love BNB… I love the BNB chart. This BNB/USD chart is basically begging to break out. I think this dip is just a buy.</p> 
</blockquote> 
<p style="text-align: justify">According to the analyst, BNB, the fourth largest crypto asset by market volume, would no longer be an attractive buy if it fell about 20% from its current level.</p> 
<blockquote> 
 <p>Anything under $450 will start to look a bit risky. However, overall this looks very strong. If you look at the BNB/<a href="https://en.coin-turk.com/sec-official-criticizes-bitcoin-based-investment-products/" data-wpel-link="internal">BTC</a> pair, you can see what absolute dominance looks like. This is actually a really good-looking chart. So if you want to own a really good-looking coin… BNB is one of them. This chart looks perfect.</p> 
</blockquote> 
<p style="text-align: justify">Following the analyst’s comments, the price of BNB has risen to $575 at the time of writing.</p> 
<h2 style="text-align: justify" id="how-much-is-bitcoin-now">How Much is Bitcoin Now?</h2> 
<p style="text-align: justify">The analyst also examined <strong>Bitcoin</strong> (BTC). According to him, the price movement between the two fundamental levels in Bitcoin will determine which direction BTC will head next.</p> 
<blockquote> 
 <p>I think (on the monthly chart) any close above $70,000 will likely head towards $80,000, $90,000… Any close below $57,000 will likely head towards $45,000.</p> 
</blockquote> 
<p style="text-align: justify">Bitcoin has risen 4% and is now trading above the $61,500 mark.</p> 
<h2 style="text-align: justify" id="img-loading-lazy-loading-lazy-decoding-async-class-aligncenter-size-full-wp-image-347551-src-https-coin-turk-com-wp-content-uploads-2024-05-btc-usdt-fiyat-gorunum-coin-turk-com-png-alt-width-1261-height-534"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-347551" src="https://coin-turk.com/wp-content/uploads/2024/05/btc-usdt-fiyat-gorunum-coin-turk-com.png" alt="" width="1261" height="534"></h2> 
<h2 style="text-align: justify" id="ethereum-price-outlook">Ethereum Price Outlook</h2> 
<p style="text-align: justify">Lastly, DonAlt commented on <strong><a href="https://en.coin-turk.com/ethereum-surges-past-3000-as-optimism-grows-among-traders/" data-wpel-link="internal">Ethereum</a></strong> (ETH):</p> 
<blockquote> 
 <p>If this week’s weekly close is above $3,000… then maybe we can talk about returning to $4,000. So at this point, I am more bullish on ETH than I have been in years.</p> 
</blockquote> 
<p style="text-align: justify">Ethereum, despite days remaining until the weekly close, has risen back above $3,000 today, reaching a level of $3,077.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/how-will-bitcoins-next-move-affect-altcoins/" data-wpel-link="internal">How Will Bitcoin’s Next Move Affect Altcoins?</a></h5>

How Will Bitcoin’s Next Move Affect Altcoins?

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