Ethereum

Bitcoin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-price-targets-60000-as-next-milestone/" data-wpel-link="internal">Bitcoin Price Targets $60,000 as Next Milestone</a><br></p>
<p style="text-align: justify"><strong><a href="https://coin-turk.com/sec-bu-bitcoin-etfi-ile-ciddi-dusunuyor-yorumlar-acildi" data-wpel-link="internal">Bitcoin</a></strong> price continues its upward trend today. As I write this article, the <a href="https://coin-turk.com/son-dakika-hazine-ve-maliye-bakani-elvandan-yeni-aciklama-kripto-para-vergisi-kesinlesti-mi" data-wpel-link="internal">BTC</a> price has broken through the $58,000 resistance. This development certainly has implications for cryptocurrency investors. The next challenge is surpassing the $60,000 resistance level. However, <a href="https://en.coin-turk.com/key-factors-driving-bitcoins-rally-before-the-halving-event/" data-wpel-link="internal">BTC</a> will need to consolidate its position there.</p> 
<h2 style="text-align: justify" id="what-s-the-new-target-for-bitcoin-price">What’s the New Target for Bitcoin Price?</h2> 
<p style="text-align: justify">We now see that the $60,000 levels are being mentioned quite comfortably for the <a href="https://en.coin-turk.com/bitcoin-price-surges-to-new-highs/" data-wpel-link="internal">Bitcoin</a> price. In our morning analysis of the Bitcoin price, we had indicated that the $58,000 level was a critical resistance. Now that this resistance level has been breached, the next resistance levels are $59,000 and $60,000.</p> 
<p><img loading="lazy" decoding="async" loading="lazy" class="wp-image-320556 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/02/kriptopara-bitcoin-btc-coin-turk-com-.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">For the flagship cryptocurrency Bitcoin, analysts have also started to consider levels above $60,000. Analyst <strong>Michael van de Poppe</strong> expressed his surprise at Bitcoin’s strength yesterday, stating that we can now comfortably see levels above $60,000 for the Bitcoin price. However, the analyst also mentioned that corrections could occur on the way to these levels.</p> 
<h2 style="text-align: justify" id="ethereum-rises-too">Ethereum Rises Too</h2> 
<p style="text-align: justify">As Bitcoin continues to lead the rise in the cryptocurrency market, <a href="https://coin-turk.com/ethereum-hashrate-nedir-ethereum-merge-nedir" data-wpel-link="internal">Ethereum</a> is not far behind. The cryptocurrency closely follows Bitcoin’s price increase. <a href="https://en.coin-turk.com/whales-accumulate-crypto-during-market-dip/" data-wpel-link="internal">Ethereum</a>‘s price has now surpassed the $3,300 level.</p> 
<p style="text-align: justify">Investors are now expressing that the feeling of FOMO, or fear of missing out, has peaked. This sentiment is driving investors to start a new rush. Let me also mention that the total value of the cryptocurrency market has now reached $2.18 trillion.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/bitcoin-price-targets-60000-as-next-milestone/" data-wpel-link="internal">Bitcoin Price Targets $60,000 as Next Milestone</a></h5>

Bitcoin Price Targets $60,000 as Next Milestone

Table of Contents

COINTURK NEWS

Other articles published on Feb 28, 2024

EU Consortium PREVAIL Set to Accelerate Edge-AI Technologies

Senator Elizabeth Warren Advocates for Equal Crypto Regulations and Constraints on Big Tech’s AI ...

Short-term holders are flooding crypto exchanges, Glassnode says

MXC Foundation Secures $10M Funding for Decentralised Physical Network on Ethereum

Bitcoin ETFs Record High Trading Volumes Over $2 Billion

5 Top Altcoins For This Week

Join our free newsletter for daily crypto updates!