What Experts Think About the Bitcoin Rally
According to cryptocurrency analysts, if BTC maintains its current level of $30,000, it may recover from this point; however, if it breaks the exact level, it may go as low as $28,000.
Experts in the cryptocurrency field are of the opinion that for Bitcoin to make significant progress and potentially reach $60,000 by the end of 2023, it needs to remain stable around the $31,000 mark and possibly exceed it.
This prompts us to wonder about the anticipated performance of the top-performing altcoins for the week.
RNDR Coin
Launchpad XYZ
WBT â WhiteBIT Coin
Experts believe that if Bitcoinâs price can close above $28,300, it might end the year on a high note. But if it canât, it could drop to $20,000, especially if investors get worried about the Federal Reserveâs actions. As of now, Bitcoin is priced at $27,483, and it hasnât changed much for the past two days. Trading activity has been slow over the weekend.
