{"id":2985,"date":"2021-04-15T15:16:01","date_gmt":"2021-04-15T14:16:01","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=2985"},"modified":"2021-04-15T15:16:06","modified_gmt":"2021-04-15T14:16:06","slug":"btc-at-62k-great-buy-before-next-surge-says-fund-manager","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/btc-at-62k-great-buy-before-next-surge-says-fund-manager\/","title":{"rendered":"BTC at $62K \u2018great buy\u2019 before next surge, says fund manager"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Bitcoin (<a href=\"https:\/\/coinscreed.com\/staging\/bitcoin-btc-usd-forecast-bitcoin-tumbles-ahead-of-fomc-minutes.html\" class=\"rank-math-link\">BTC<\/a>) looked on Thursday as a Fund Manager called it &#8220;a great opportunity to buy&#8221; to reassess previous <a href=\"http:\/\/google.com\/ATH\" class=\"rank-math-link\" target=\"_blank\" rel=\"noopener\">ATH<\/a>.<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"614\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/04\/bitcoin-Bank-of-England-gambling-1024x614.png\" alt=\"\" class=\"wp-image-2986\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/04\/bitcoin-Bank-of-England-gambling-1024x614.png 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/04\/bitcoin-Bank-of-England-gambling-300x180.png 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/04\/bitcoin-Bank-of-England-gambling-768x461.png 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/04\/bitcoin-Bank-of-England-gambling.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The 3.3 percent daily BTC\/USD comedowns Cointelegraph Markets Pro and TradingView aimed at new levels of support on Thursday.<\/p>\n\n\n\n<p>Bitcoin outlook \u201cwildly bullish\u201d<\/p>\n\n\n\n<p>Bitcoin began consolidating itself in a new range as the buzz around the successful Nasdaq listing of Coins started cooling on Monday to almost $60,000.<\/p>\n\n\n\n<p>The largest cryptocurrency traded about $62,600 at the time of writing about $700 higher than March's $61,700 record.<\/p>\n\n\n\n<p>This sector should now set the stage for a resistance-support flip, which, if successful, will allow BTC\/USD to continue to increase. Vailshire Capital Management CEO Jeff Ross believes that<\/p>\n\n\n\n<p>&#8220;Good test of previous wedge ceiling for consolidation. View of the macro: Fantastically sumptuous. On the analysis of the chain: wildly bullish,&#8221; he wrote on Twitter.<\/p>\n\n\n\n<p>\u201cOpinion: Price should close above old \u2018ceiling\u2019 of ~$61,250, then surge higher. Great opportunity to buy before next leg higher.\u201d<\/p>\n\n\n\n<p>Even among ardent sellers a look at exchange order books seemed to confirm appetite to allow Bitcoin to increase further in a couple of thousand dollars in short terms.<\/p>\n\n\n\n<p>In Binance, sales order was listed at $65 000 for the first time, with $70,000 and $72,000 of more significant bands of resistance.<\/p>\n\n\n\n<p>The analysts have long focussed on those high levels and have even been described as &#8220;destiny&#8221; in the short run.<\/p>\n\n\n\n<p>Other on-line metrics showed continued investor engagement throughout the company, with a total Bitcoin wallet address number that first exceeds 9 million BTCs or 0.01 BTCs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) looked on Thursday as a Fund Manager called it &#8220;a great opportunity to buy&#8221; to reassess previous ATH. The 3.3 percent daily BTC\/USD comedowns Cointelegraph Markets Pro and TradingView aimed at new levels of support on Thursday. Bitcoin outlook \u201cwildly bullish\u201d Bitcoin began consolidating itself in a new range as the buzz around [&hellip;]<\/p>\n","protected":false},"author":63,"featured_media":2986,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83],"tags":[149],"class_list":["post-2985","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","tag-btc"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/04\/bitcoin-Bank-of-England-gambling.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/2985","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/63"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=2985"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/2985\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/2986"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=2985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=2985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=2985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}