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Learning & News => News related to Crypto => Topic started by: newshunter on January 03, 2021, 01:01:15 AM

Title: $30K BTC price imminent? This Bitcoin hodler metric hints at the next rally peak
Post by: newshunter on January 03, 2021, 01:01:15 AM

$30K BTC price imminent? This Bitcoin hodler metric hints at the next rally peak

Bitcoin HODLer volume suggests a prolonged correction is not likely, but that could change.

Source: $30K BTC price imminent? This Bitcoin hodler metric hints at the next rally peak (https://cointelegraph.com/news/30k-btc-price-imminent-this-bitcoin-hodler-metric-hints-at-the-next-rally-peak)

Would appreciate your opinion about this

Title: Re: $30K BTC price imminent? This Bitcoin hodler metric hints at the next rally peak
Post by: Astra on January 03, 2021, 07:43:21 AM

I assumed that during the New Year holidays, the rise in the price of bitcoin would stop. However, this did not happen. Even in the early days of the New Year, bitcoin continues to grow in value at a rapid pace. I just watched it cross the $ 34,000 price in CoinMarketCap, but then dipped slightly. Also, the ethereum price continues to rise quite well now, having already risen to $ 795.
It remains a mystery how long the price of bitcoin will rise without correction.

Title: Re: $30K BTC price imminent? This Bitcoin hodler metric hints at the next rally peak
Post by: Gravatai on January 03, 2021, 01:07:05 PM

The price of BTC so quickly crossed the mark that many have already started talking about the growth of its price to $40 thousand. I think we will soon see new price records, and a correction is really unlikely now and may start after about $50 thousand, but this is just an assumption.