Bitcoin, Ethereum, Dogecoin Mirror shares, rises in $ 120,000 BTC prediction in Q2: ETH needs near a day above $ 1950 to bullish bias.

The leading cryptocurrencies rose on Monday, as a research group expected the highest new level ever Bitcoin In the second quarter.

What happened: The cryptocurrency touched an increase between 95,598.49 dollars in the early morning before it was less than $ 93,000. BTC regained $ 95,000 overnight.

Bitcoin was on its way to close April with two numbers, and to restore some decline from February and March.

ethereum She followed a similar path, as it rose to an early interest from $ 1,800, then fell to $ 1750 before recovering over $ 1,800. Unlike her older brother, ETH decreased by 1.4 % in April.

The dominance of the market in Bitcoin remained 63 %, while Ethereum’s was 7.3 %.

Analysts at Global Bank Carted Standard Bitcoin expected to rise to $ 120,000 in the second quarter, noting the strategic re -customization away from American assets, along with the increasing institutional demand.

About 230 million dollars were ranked from the cryptocurrency market during the past 24 hours, with the long center traders losing more than the low short merchants.

Bitcoin’s open interest has increased by 2.78 % in the past 24 hours, indicating high market liquidity and the number of suspended future contracts.

The market morale was one of the “greed”, according to the Crypto Fear and Greed index, indicating high purchase pressure.

The best winners (24 hours)

The global market value of the cryptocurrency was $ 2.98 trillion, after an increase of 1.31 % in the past 24 hours.

The main stock average has emerged for the fifth consecutive day. the Dow Jon’s industrial average 114.09 points, or 0.28 %, rose to end at 4027.59. the S & P 500 Make a profit of 0.06 % until it ends at 5528.75. Heavy technology NasdakHowever, 0.1 % decreased less to the end at 17366.13.

Treasury Secretary Scott Pesin It has been updated to the progress of American trade negotiations, which hints to a possible deal with India. In China, Bessent said it is up to the Asian giant to cancel trade tensions.

This week, investors will analyze the profits of huge companies such as Microsoft Corp. Msft and Amazon.com Inc. amzn.

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The analyst notes: Cracks trader and popular plans Dan Tafir Trading He drew attention to the Bitcoin rainbow scheme, with the price back to the green sector.

The analyst added: “It may be safe to assume that this will not enter into the most darker areas in this session, but somewhere below it would still for an interesting step.”

As the name suggests, this indicator uses rainbow colors to estimate the direction of the long -term bitcoin price and whether the original is denied by less than its value or indifference based on historical trends.

Crossed currency analyst Ali Martinez It was weighed on Ethereum prospects, saying that the second largest encrypted currency needs a daily closure above $ 1950 to create a SUPERTREND.