Recently, Bitcoin rose as high as the $48k level before experiencing a downward trend, causing panic in the crypto space. Now, crypto analyst Doctor Profit has weighed in on what’s next for Bitcoin. Meanwhile, Chainlink and Pullix are on the charts.
Interestingly, Pullix is a pre-sale project, and analysts have marked it as the best coin to invest in after raising over $3.5 million in just 5 weeks!
What’s Next for Bitcoin (BTC)?
A crypto analyst, Doctor Profit, discussed Bitcoin’s future price movements. The analyst said Bitcoin’s upcoming moves depend on the EMA50. He highlighted the EMA50 and noted that the market pips below it but closed above it, indicating its resilience.
Doctor Profit also revealed Bitcoin’s next price level if the EMA50 breaks. “Keep your eyes on EM50. Any breakout of EMA will send us to our target of 39,500 regions,” he said. Because of the dump, he predicted bigger price jumps in the following months.
He advised investors to avoid market traps as the “mother of all bull markets” arrives. According to CoinMarketCap, Bitcoin price is trading between $41,753.68 and $48,494.62 on the weekly chart. While the sign is down on the weekly chart, it is up 106.3% on the yearly price chart.
Chainlink (LINK) Price Increases After Stale Movement
After three months of price stagnation, Chainlink (LINK) bulls have woken up. Data from CoinMarketCap showed that the token’s price rose by 16.4% in the past week.
The token moved from a weekly low of $13.41 to a high of $15.98. Meanwhile, recent data shows that the rally may continue. Santiment, a crypto analysis tool, revealed that Chainlink’s statistics look good. Santiment data revealed that Chainlink supply on trading platforms is declining.
According to the data, Chainlink’s exchange stock is below 15% for the first time in four years. This sets the stage for a supply bottleneck that could increase Chainlink prices. To retest $20, the altcoin price needs to climb 26% from its current price level.
Pullix (PLX): Analyst predicts PLX to $0.1
In the past month, Pullix’s (PLX) ERC20 token has outperformed nearly 60% of the cryptocurrency market and is up 100%. This month will be the inauguration of the exchange, which will allow more price increases. It’s interesting how special and different this future exchange is.
To provide users with a positive trading experience, Pullix is a trading platform that combines the best features of both decentralized (DEX) and centralized (CEX) exchanges. It is known for an extensive selection of trading assets. Stocks, commodities, indices, cryptocurrencies and currencies are some examples.
With the help of these tools, customers can explore various financial markets using a single account. Pullix is clear and uses PLX as its native token. A significant part of its ecosystem is represented by this ERC20 token. Furthermore, Pullix has integrated AI-powered copy trading into its platform.
Pullix integrates artificial intelligence technology to help traders replicate the trading activities of experienced professionals. Given their history of profitable trades, users’ best bet is to copy the trades of professionals. By mimicking their trades, they can execute more profitable trades and increase their earnings.
Each token of Pullix’s PLX costs only $0.08. As predicted by market experts, the value of PLX will soon reach $1.00. For big gains this year, PLX is the best coin to invest in. This is because of the potential price increase and the features that the exchange offers.
Closure
According to Doctor Profit, the biggest market bull run is coming. Investors looking to benefit from the Bull but with low capital can go for the ERC20 token, PLX, which is priced at $0.08.
Besides being a low-priced token, PLX has potential and is the native sign of an upcoming exchange. Analysts have predicted that PLX’s altcoin price will skyrocket by 100x after its launch and listing on top CEXs.
For more information on Pullix’s pre-sale see links below:
Visit Pullix
Join the Pullix communities
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