The head of the brokerage company J2TX Artem Moiseev said that the best time to buy bitcoin would be mid-August. According to his forecast, by this time the cryptocurrency rate should drop to $ 42 thousand.
The past week was the period of the strongest jump in the cryptocurrency rate over the past few months: on Sunday, August 8, the bitcoin rate rose above the $ 45 thousand mark, pulling the entire market up with it.
The last time Bitcoin was worth over $ 45,000 was in mid-May of this year. On the evening of August 13, the coin is already trading at $ 46.5 thousand, and the market capitalization of the cryptocurrency at this moment is $ 874.4 billion.
Artem Moiseev, head of the brokerage company J2TX, believes that mid-August should be the best time for investors to buy bitcoin.
“According to our technical analysis, a good point to enter a long position in bitcoin (that is, to buy an instrument in order to capitalize on a further increase in its value) may be mid-August, when its price on a local correction is likely to drop to $ 42, 2 thousand. Under this scenario, the further target for growth will be the level of $ 46.5 thousand, which can provide a good profit for speculative investors, "- said Moiseev.
According to him, one of the latest events that influenced the crypto market was the announcement of the largest US cinema chain AMC Entertainment, which should soon begin accepting bitcoins to pay for tickets.
In addition, the American startup Metromile announced its readiness to pay insurance in this cryptocurrency.
As for Ethereum, the expert advises investors to wait for the coin to fall to $ 2.7 thousand. Now the coin is traded at $ 3.2 thousand.
Recall that recently the cryptocurrency of the (Paris Saint-Germain Fan Token) rose after the news that Lionel Messi could receive it as a salary at a Parisian club.
According to Reuters sources, the terms of the contract with PSG stipulate that the Argentine footballer will receive part of the fee in Paris Saint-Germain Fan Tokens (PSG). Against this background, the cost of PSG cryptocurrency rose from $ 37 to $ 42.
The PSG coin peaked on August 10, the day Lionel Messi officially became a PSG footballer. At this time, the value of the cryptocurrency skyrocketed to $ 58.
anyone at brokerage, or anyone predicting future price, is a scammer. buy bit by bit every week, forget about price. crpyto is a lifestyle, not an investment.