As-salāmu ʿalaykum
Currently, the crypto market is turning green and there are reports that Bitcoin will be able to cross the resistance of 35k in April. This is very good news for the crypto market in every way but I must say that anything can happen in the crypto market and as fast as the crypto market goes up between day and night, it starts coming down the next morning. It happens.
My analysis here is that if you want to enter Bitcoin now is the best time because at the time I am writing this article the price of Botcoin is $30,120 and within twenty four hours Bitcoin has set its high at $30,397. So it is confirmed by various news that bitcoin will break the 35k holding resistance very soon in the coming weeks. But as the pump is being seen in Bitcoin, no increase is being seen in altcoin because if history is seen. As the price of bitcoin gets pumped in the market, altcoins also pump like this.
But the question must be coming to your mind here, what is the reason that the price of bitcoin is going up, so I want to tell you here that many invester are showing their interest in crypto and people all over the world are Thinking to invest in the crypto.
this is the reason why we will see more improvement in the crypto market in the coming days. According to my own analysis, by the end of this year bitcoin will cross the psychological threshold of $45k and other Altcoins will pump at least $75. But if you read the views of many experts and analysts on different social media, they say that the reason for the lack of trust in altcoin is because of many incidents in the past due to which bitcoin is considered better than other altcoins,
but as soon as bitcoin If the psychological level of resistance which in my opinion crosses or gets close to $45k then we will see a lot of pump in Altcoin.
But if the market suddenly pumps in the coming days, how should we take advantage of it? I understand that many traders in the crypto market trade with different plans and methods, some traders prefer 24 hours profit and spot trade, but some people prefer short term trade.
I will say here that whatever type of trade you are doing, you must keep some tokens for long term trade because if you are a spot trader, you should not invest all your capital in spot trade but some percentage of tokens for long term. Hold it for so that if there is a sudden change in the crypto market, you have some tokens in your hold that can benefit you.
But by all source it is very encouraging that the crypto market is going green and up. I have written all the analysis based on my experience only and it is not written to attract you to financial investment. If you want to make any investment, first of all do your own research and invest according to your capacity and desire.
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