Price Analysis 5/1: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, XLM

[sirty143]

Price Analysis 5/1: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, XLM

Most major cryptocurrencies are facing resistance at higher levels, meaning a few days of consolidation could be needed before the rally can resume. See more for yourself here.

Your opinion is greatly appreciated.

[SRShanuka2020]

he total crypto market capitalization has jumped from about $198 billion on April 22 to over $263 billion on April 30. This 32% rally in roughly eight days shows that investor sentiment is bullish. While this is a positive sign, the problem is that most people expect a repeat of the previous bull run. But with coronavirus still not reigned in, investors are likely to sway between extreme optimism and pessimism. Therefore, any up move is likely to have its share of sharp pullbacks.

Crypto pioneer Charlie Shrem painted a bullish picture for Bitcoin (BTC) due to the upcoming halving and the massive quantitative easing seen across the world. Shrem pointed out that during the previous halving the price did not double instantly but it started a bull phase that resulted in a massive rally. Therefore, he anticipates that it might take about one to two years for the complete impact to be felt.

[Kitme]

Yes Bitcoin and many major altcoins are remaining the higher resistance if bitcoin break this level definitely bitcoin will reach $12-15k in coming days otherwise the BTC will drop again.