[the_ad id=”36860″]
The CEO of the blockchain-based crypto identity platform Civic says Bitcoin could soon rip through resistance and continue rising all the way to $12K.
Vinny Langham, who was bearish on BTC less than a month ago, says Bitcoin’s newfound return to volatility has him expecting a quick run to $12,000 followed by consolidation at $10,000.
Meanwhile, veteran trader Peter Brandt says BTC appears to have stabilized after its sudden drop from $9,000 to $8,400 on Thursday.
[the_ad id=”36860″]
Brandt called Bitcoin’s collapse in January of 2018 and recently said Bitcoin’s recent parabolic rise could take the price of BTC as high as $300,000.
Right now, Bitcoin is up 1.67% at $8,550 according to COIN360. Ethereum is up 1.06% at $264.45 and XRP is up 0.69% at $0.4297.
Technical analysts are tracking Bitcoin’s bounce after this week’s sell-off, with mixed outlooks for altcoins.
Bitcoin
Bitcoin Magazine – Bullish market structure upheld following strong sell-off
NewsBTC – BTC/USD pair facing solid resistance near the $8,600 mark
[the_ad id=”36860″]
Ethereum
FXStreet – ETH/USD bounces off critical area of support
Crypto Vibes – ETH below resistance at $280, likely to keep falling in short term
XRP, Litecoin, Bitcoin Cash, EOS, Tron, Cardano
CoinCodex – XRP market consolidating on medium-term trend
FX Empire – Bitcoin Cash, Litecoin and XRP push for bullish start to June
NewsBTC – Crypto Market Primed For Gains: Bitcoin Cash, EOS, TRX, ADA Analysis
[the_ad id=”36860″]
[the_ad id="42537"] [the_ad id="42536"]