The Brazilian Tasso Lago, a specialist in cryptocurrencies and founder of Financial Move, points out, however, that investors cannot leave the Bitcoin aside, although altcoins have been showing great yields.Īccording to him, Bitcoin has broken a wedge over the weeks and is free to pursue another bull move.įor Lago, the charts show that support in the region of US$ 58,000 and US$ 60,000 are very strong showing that bulls are buying the falls and preparing for a new move that could break the historic record of $67,000.
With the price of Bitcoin (BTC) stuck in a lateralization in the range of US$ 60 thousand to US$ 63 thousand, analysts have been pointing out that this opens up an investment opportunity in the market of altcoins which has been gaining more prominence and adherents eyeing the profitability of these cryptoactives.
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