Altcoins

Bitcoin (BTC) & Ethereum (ETH) To Hit This High Level By July End!

Written by: Sara K

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Sara K

Sara is steadily working on cryptocurrency evaluations, news, and fluctuations in digital currency prices. She is guest author associated with many cryptocurrencies admin and contributes as an active guide to readers about recent updates on virtual currencies.

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Jul 6, 2022

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A crypto researcher who gained a significant fanbase by making appropriate Bitcoin predictions, now predicts gains for both Bitcoin(BTC) and Ethereum (ETH).

Smart Contractor, an anonymous observer, informs his 208,700 Twitter followers that a prolonged Ethereum rebound is now in the process once the main smart contract network succeeds to hold well above the 0.618 Fibonacci barriers.

The analyst calls Ethereum’s move from 0.618 a positive movement and says that the lead altcoin is set to move towards $1,400 or above. Also quotes that uncertainty is obviously decreasing since it took bounce days to have a good rebound through this level.

At the time of publication, Ethereum is valued at $1,142, an upswing of 1.08% in the last 24hrs

Bitcoin Price

Speaking about Bitcoin, Smart Contractor reports that BTC had a positive response around the 0.618 Fibonacci level, this indicates favorable conditions for the world’s first cryptocurrency by market cap.

He explains that this is a stunning response from the 0.618 for BTC through the day’s closure. It helps to establish a strategy and stick to it.

Bitcoin’s response beyond the 0.618 Fibonacci level supports Smart Contractor’s prediction that the flagship currency is preparing for a surge. In the month of June 2022, the expert stated that Bitcoin speculators looked to be collecting BTC, and he predicted a surge towards at least $24,000.

The strategist concludes his analysis by saying that every other day, BTC seems positively moving towards the accumulation phase. He claims that is planning for the highest bid around $19,000-$19,000. However the researcher asserts that he is not clear if that’s the final bottom or simply a mid-term one, but he hopes to get at least a $24,000 level

Currently, Bitcoin is changing hands at $20,105 with a surge of 1.88% in the last 24hrs

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Sara K

Sara is steadily working on cryptocurrency evaluations, news, and fluctuations in digital currency prices. She is guest author associated with many cryptocurrencies admin and contributes as an active guide to readers about recent updates on virtual currencies.

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