Bitcoin to close April above $90K? When & where this bull wave will top
The crypto-currency markets saw a monumental green wave this week. Bitcoin and ether reach new highs amid Coinbase’s direct listing and a hard fork in Berlin. Meanwhile, Dogecoin, the membrane market cryptocurrency, exploded with returns of over 400% and briefly claimed a spot in the top 5 cryptocurrencies by market capitalization.
Despite the hype and market movement this week, PlanB has shown that bitcoin is still not as overbought as it was at the height of the bull runs of 2017, 2013 and 2011. He estimated that if bitcoin reached these levels by the end of April, the price would exceed $90,000.
Yet, in this volatile week, many are wondering: Is there enough steam in the market to continue this upward surge?
Veteran trader and market analyst Eric Crown thinks so:
Until I see a weekly gap, I’m not going to say it’s a buzz. In any case, I’m not going to shoot the spot markets now and just try to enjoy the trip.
In this exclusive interview with Cointelegraph, Corona explains:
Short, medium and long-term price targets for Bitcoin and Ether
How to get a head start on the market
Why a Coinbase listing could lead to a U.S. bitcoin ETF and six-figure bitcoin amounts.
Why DOGE got the biggest boost this week compared to other cryptocurrencies.
Watch the full video on Cointelegraph’s YouTube channel and don’t forget to subscribe!
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