BTC: what are the goals for short-term investment
The analyst named two Fibonacci goals for short-term investments in bitcoins. Since BTC does not intend to slow down its growth rates, this indicator is important for investment
The interest in investing in bitcoin is associated with the active growth that the cryptocurrency showed in November-December. Having crossed the 20,000 marks, bitcoin does not even think to show signs of slowing down. On the contrary, on Sunday its price has broken through the ceiling of 28 thousand dollars and is growing by leaps and bounds.
Interestingly, another 3 months. back nothing foreshadowed such a rise in value. BTC traded at a price of just over $ 10,000. But in October it started to grow and over the past ten days has risen in price by almost $ 9,000.
Everything becomes even more interesting and impressive if we consider that, compared to the March price, BTC coins have risen in price by 650%, and since the beginning of the year - by 300%.
By analyzing the events of recent weeks, new highs can be predicted. The main goals can be considered 30 and 36 thousand dollars. Analyst and trader Alex Kruger talk about this on his Twitter account.
It is based on the key numbers and the Fibonacci extension, from which the next highs of $ 30,000 and $ 36,000 were obtained. Let's see how the predictions come true.