@BOMBERuss 1 October 2021 more from that month

Bitcoin will continue to fluctuate between $45-49 thousand next weekend, according to Roman Nekrasov, co-founder of the ENCRY Foundation. According to him, the cryptocurrency will try to test the level of $ 50 thousand. But, if this happens, it is unlikely to gain a foothold above this mark, the expert is sure. "Bitcoin still needs to accumulate strength for a further breakthrough, and next week I admit a decline below $ 45 thousand. And by the end of October, I expect bitcoin to grow with a confident consolidation above $ 50-55 thousand," the specialist stressed. Now market participants are encouraged by the statement of the head of the US Federal Reserve Jerome Powell that the US authorities do not plan to ban bitcoin as such, but only intend to think over ways to regulate the crypto market, Nekrasov added. He called it a very positive message for the entire crypto market, for which the American market is now the largest, especially after China lost ground due to bans. The stability of bitcoin against the backdrop of rapidly declining American stocks and indices, as well as its explosive growth today, say that a new uptrend is likely to begin, Dmitry Machikhin, CEO of the Pressman Capital investment fund, added. He predicted that bitcoin, after a slight pullback, will continue to grow for several more weeks. Then the cryptocurrency will run into another "wall" of news about market regulation in the West, as well as the approval of bitcoin ETFs in the United States, the expert believes. Despite such high volatility and high risks on technical indicators, expectations from the weekend are moderately positive, the senior analyst stressed Bestchange.ru Nikita Zuborev. If there is no price rollback below $ 45 thousand in the near future, then the bitcoin exchange rate is highly likely to consolidate around the $47 thousand level on the weekend, with the prospect of growth to $ 50 thousand. already at the beginning of next week, Zuborev predicted. In his opinion, there are fundamentally no prerequisites for a deterioration of the situation, and the local bullish momentum will last at least until mid-October. #CryptoTrading