Bittime - Due to geopolitical tensions in Gaza, the Palestinian militant group Hamas agreed to a ceasefire with Israel. Indirect negotiations have been carried out between Hamas and Israel through Qatar, Egypt and the US. But Israel still needs to make an official statement about this proposal.
Due to the current geopolitical tensions, experts predict slow economic growth as well as bad prospects for Bitcoin. The focus on oil raises many doubts in the Middle East. The stock and crypto markets will recover from the macro factors influencing them currently.
Check Today's Crypto Market:
Bitcoin Price Nears $80,000
Bitcoin options traders predict Bitcoin prices will reach $80,000 by the end of May. Call options for $195 million worth of BTC have a strike price of $80,000. Traders expect Bitcoin prices to reach at least $70,000 this week.
A well-known analyst Ali Martinez said, although the price of Bitcoin has increased from $57,000 to $64,000, the MVRV 90-Day Ratio shows Bitcoin is still in the "main buying zone". He also gave a very positive prediction for Bitcoin price reaching $70,000.
How to Buy Crypto:
Pquite positive increase in trade
Bitcoin price has fallen 1% in the last 24 hours, with the price trading at $63,283. The lowest and highest prices are $62,967 and $65,494 respectively. Additionally, trading volume has increased by forty percent in the last twenty-four hours, this shows increased interest from traders.
Total BTC futures open interest changed greatly in the last 24 hours. In this case, distrust of wallets moving digital assets from Robinhood increased as a result of the SEC's announcement about Wells against Robinhood.
Check Crypto Prices Today:
Will Altcoins Rally Again?
“ETH is not seeing the same upside with risk reversal still at -4% likely due to concerns about the SEC not approving ETH spot ETF deadlines for VanEck and Ark21 on May 23 and 24,” QCP Capital said.
Thus, the release of altcoins will be postponed.The SEC's deadline for comments has increased the price of XRP to over $0.55.
Analysts argue that the reverse head-and-shoulders pattern in Total Altcoin market capitalization indicates a potential breakthrough that could increase the market capitalization to $4 trillion.
How To Buy Bitcoin (BTC) With Bittime
You can buy and sell Bitcoin (BTC) in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
Bitcoin (BTC) is available on Bittime with BTC IDR pairing.
To be able to buy BTC tokens on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet . For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn How to Buy Bitcoin (BTC) on Bittime.
Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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