Expert calls out the last Bitcoin Rally

Expert calls out the last Bitcoin Rally


After weeks of consolidation, Bitcoin finally broke out the outbreak that many had expected. According to crypto influencer Crypto Rover Is that of the final impulse of the ongoing Bull season. In his current update, he emphasizes that all bears became “squeezed” and Bitcoin is now taking new heights. The $ 112,000 mark has already been exceeded-and according to Rover, the next destinations are between $ 130,000 and $ 140,000.

Photo: Clickout Media

Target zone between 130 and 140k, source: https://www.youtube.com/watch?v=b8tdWmot9p4

Rover refers to several chart-technical patterns, such as an inverse shoulder-head-shoulder formation and a classic Bull flag, the price goals of which are both in the range of $ 140,000. At the same time, he warns of a short -term overheating of the market. The massive increase in tributaries in Bitcoin ETFs-the day before went $ 1.2 billion in Spot-Bitcoin products-is historically considered a possible warning signal for local highs.

The next few months are promising

Nevertheless, the analyst is confident. According to its own, its own long position is up to over $ 1.3 million. It also sees Ethereum similarly optimistic, where his long position is to be closed at $ 3,080. The goal for Ethereum is still $ 4,000-a brand that, according to Rover, is within reach, provided the ongoing trend remains intact.

While Bitcoin is testing new highs, the old coin dynamics also begin to absorb journey again. The Bitcoin dominance shows the first weakness, the relationship from Ethereum to Bitcoin develops bullish. Similar to Bitcoin, ETH ETFs record strong inflows-Blackrock alone is said to have recently bought Ethereum worth $ 300 million.

Photo: Clickout Media

Ethereum Spot ETFs rise sharply, source: https://farside.co.uk/eth/

The overall location indicates a phase of increasing market width, in which, in addition to BTC and ETH, alternative coins could also perform more. The increasing interest in Layer 2 solutions shows that the market is actively looking for projects that, in addition to security, also provide scaling. Because the next few months should be enormous increases Projects like Bitcoin Hyper So use scaling now.

The project describes itself as the first real layer 2-token based on Bitcoin with Solana Virtual Machine (SVM). The hyper-token is currently running hot in the Presale and has already collected over $ 2.3 million. With a price of currently $ 0.0122 per token and a two-day price increase system, the token is one of the most respected launch of the year.

Bitcoin Hyper is launching a scalable layer 2 solution that not only enables fast and cheap transactions, but also allows real BTC integration via a zero-knowledge-bridge system. Deposits on the Bitcoin chain are secured via ZK technology and made available as a wrapped BTC on the Layer-2 page-including staking, Yield farming and NFT functions.

The staking-apartment is currently 350 % for 12 months-a value that decreases with increasing volume. So getting in early ensures maximum re -sides. Hyper can be directly via the website or via Best Wallet be bought where the token is listed under “upcoming tokens”.

With increasing Bitcoin demand, ETF inflows and an expanding altcoin season, Bitcoin Hyper is in perfect momentum. If you are now participating, you can benefit from the next big Layer 2 trend in the Bitcoin ecosystem.

Buy Bitcoin Hyper token here.

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Jayd Johnson

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