Bitcoin Uptrend , Ethereum ETFs Approval And Notcoin Rise
Bitcoin shows strong positive market uptrend as its price has crossed $70k. It gives clear signs that bull market is around the corner. Bull market is when altcoins will do 10x and more printing huge profit to the holders. This will be the time when every face will smile except the ones who will short market during bull market.
Bitcoin is trading above $70k right now which is good as long as it maintain its price above $70k. For the bull market to start Bitcoin needs to cross $80k , once it gets to the mentioned price i predict that altcoins will boom. This would be the time for the people to reap the benefit of patience.
Ethereum is standing quite well after the ETFs were approved. Its price fell for a short period of time but then recovered back quickly. Its the same scenario happened that i discussed in one of my previous post related to ethereum ETFs.
People were worried and complaining when Ethereum price dropped after ETF approval, i told you that it would recover after some time and it happened as such exactly. Some people were saying that Ethereum will not go up once ETFs gets approved as its just a hype while otters were hoping it to reach as high as $6600.
Ethereum being the second largest cryptocurrency by marketcap is considered as the daddy of all layer 2 chains. The only issue it has is its higher transaction fees which will surely gets resolved in the future at some point. Well coming back to the point , ethereum is now available to investing companies at a large scale after the ETFs approval which outs it in the list of one of strongest assets.
.png)
In short , in the coming months Ethereum is going to be bigger than what it is now. The Technology behind it will send to to new heights. Holding Bitcoin is wise but adding Ethereum to your portfolio would be a genius idea if you understand that how it will evolve in the coming years.
On the other hand Notcoin price is risen from $0.0052 to $0.0079 which is an increase of around 50. If you dont know let me tell you that Notcoin did an amazing airdrop to millions of users. It launched on various exchanges at once including binance.
Since the launch of Notcoin , its price was decreasing continuously which was criticized by holders as it hurts to see the price going down day by day. Today its price saw an increase of 50% which put it in the list of top gainers. This has put smile on the face of holders.
Notcoin is having a marketcap of $700 million which could dose to $2 billion n the coming days as experts say that Notcoin will get strong because it is invested and backed by big companies such as pantera and Animoca brands.
Thats it for today. Thanks for reading. What do you think about my today's topic? Let me know your thoughts in comment section. In the end i would like to Wish you and your family a happy day ahead. Stay Blessed.
Motivation Dose
Get out of your comfort zone and fight the troubles and hurdles that come your way to success. Success awaits you. Life is beautiful ، live it to the fullest. Dont be hopeless. Stand strong in the ups and downs of life as its part of life. There is always a light behind every dark side.
About Author
@coolguy222 is a crypto trader and content creator on hive blockchain. He also runs a small business of Mobile accessories and Wrist watches. He loves to make new friends.
Posted Using InLeo Alpha