Crypto price forecast: Bitcoin, Bitbot, Ethereum Classic

Bitcoin wrote history last week when it successfully jumped on an all-time high of over $ 70,000. This record crowned a strong record since the coin was less than $ 1 15 years ago. Its market capitalization rose to over $ 1.36 trillion. Other cryptocurrencies such as Bitbot and Ethereum classic (etc) have also been doing well recently.

Bitcoin price forecast

bitcoin The price has developed well over the years and exceeded most of the financial investments. The current increase is primarily due to the increasing demand of institutional investors, which is shown in the increasing ETF inflows.

These inflows have led to a higher Bitcoin demand, while the growth of offer is expected to decrease due to the halving. The halving leads to a higher mining level of difficulty, which reduces the daily amount of coins produced to 450.

On the daily chart we see that Bitcoin is constantly over all moving average, which is a bullish sign. It is also slightly below the psychological point at $ 70,000. Oscillators such as the relative strength index (RSI) and the Stochastic Oscillator have also increased, which indicates a continued dynamic.

Therefore the prospects for Bitcoin are extremely optimistic and could increase this week to over $ 75,000 or even $ 80,000.

bitbot price forecast

Bitbot is one of the most aspiring cryptocurrencies in the industry. In advance, the developers have collected over $ 932,000 from investors who are looking for the next big thing in the crypto industry.

Bitbot is a blockchain project that aims to change the trade industry for the better. Since more and more people rely on bots when trading, Bitbot hopes to be able to offer precise robots that do not require supervision.

The bots are developed by a team of experienced developers who have been working in the industry for decades. In addition to the non -kept character, Bitbot will have additional functions that make it a better platform.

for example after his white paper , Bitbot will have sales participation model $ Bitbot holder rewarded. These owners also receive exclusive access to their platform and can benefit from their governance process.

You can buy the bitbot token . As with all tokens, however, it should be noted that risks are associated with this. This means that every buyer should only create funds that he would like to lose and use the best risk management strategies.

Price forecast for Ethereum Classic

The Ethereum Classic Prize has developed reasonably well in the past few months. From last year it rose from $ 12.40 to almost $ 40. This relaxation is part of the more comprehensive cryptocurrency rally. Like Bitcoin, he also rises in the run-up to the upcoming ETC, which is scheduled for May.

The Ethereum Classic Prize remained constant over all moving average and the most important resistance at $ 32.47, its high in January. The token has also moved through the Ichimoku cloud indicator, which is a bullish sign.

Therefore the prospects for the ETC price are optimistic, whereby the next important level that needs to be observed is $ 45.67, the highest level in 2023. This means that there is an upward potential of 27 % compared to the current level.