Bitwise’s Matt Hougan predicts Bitcoin ETF inflows will hit a record in Q4, as analysts say Bitcoin still has room to run despite recently hitting a peak.
Bitcoin is currently clear of “overbought conditions” and is set to track a steady path upward despite hitting a new all-time high on Monday, according to analysts.
Bitcoin (BTC) hit a peak high of over $126,000 on Monday, which places it “roughly halfway through its four-year price cycle,” CryptoQuant contributor Arab Chain said on Wednesday.
“Despite this strong performance, technical indicators suggest the price is still moving within a stable range far from the overbought conditions that typically precede historical peaks,” it added.
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments