Price Analysis 6/29: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, CRO, ADA
Cointelegraph
Published Jun 29, 2020 02:33PM ET
Updated Jun 29, 2020 04:20PM ET
The total crypto market capitalization has been stuck roughly between $240 billion and $280 billion for about two months. This range-bound action suggests that cryptocurrencies are waiting for a trigger to propel the market cap higher. As the saying goes, the longer the consolidation, the stronger the eventual breakout from it will be.
Researchers responsible for the recently published Crypto Research Report have projected a long-term target of $397,727 for Bitcoin (BTC) by 2030. For 2020, the report forecasts a target of $19,044.
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Written By: Cointelegraph
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