{"id":372025,"date":"2019-02-20T16:28:51","date_gmt":"2019-02-20T16:28:51","guid":{"rendered":"https:\/\/wncen.com\/?p=372025"},"modified":"2024-06-11T07:44:45","modified_gmt":"2024-06-11T07:44:45","slug":"bitcoin-strong-crypto-analysts-investors-4000-surmountable","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-strong-crypto-analysts-investors-4000-surmountable\/","title":{"rendered":"Drastic Shift in Sentiment in Crypto After Bitcoin Surges: Technical Indicators Point Toward a Rally"},"content":{"rendered":"
Since Bitcoin (BTC) embarked on a bear market rally on Sunday, pushing past $3,600, $3,700, and $3,800 in rapid succession, the waters of the nascent crypto market have quieted. As of the time of writing, Ethereum, EOS, among other leading crypto assets have posted single-digit percentage losses \u2014 nothing to write home about.<\/p>\n
And while some would say that the lack of continued buy-side pressure could warrant a short-term pullback, notable traders have become convinced that from a fundamental and technical perspective, BTC still has a lot going for it.<\/p>\n
DonAlt, a leading analyst, recently claimed on Twitter that he’s bullish until Bitcoin finds itself around $4,400. In his message’s sub-tweets, the trader somewhat jokingly added that it would be even possible for BTC to find itself at $4,700 if this market plays its proverbial cards right.<\/p>\n
\nI'm bullish till $4400 but I like saying this stuff after green candles – not during red ones.
Don't overexpose, risk what you can afford to lose, remember to take profits at your target areas and don't get overly hyped. pic.twitter.com\/1GbX2YH8J3<\/a><\/p>\n— DonAlt (@CryptoDonAlt) February 19, 2019<\/a><\/p><\/blockquote>\n