{"id":305876,"date":"2021-09-24T05:27:23","date_gmt":"2021-09-24T09:27:23","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=305876"},"modified":"2024-06-04T09:03:34","modified_gmt":"2024-06-04T09:03:34","slug":"5-best-cryptocurrency-to-buy-for-the-weekend-rally-september-2021-week-4","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/5-best-cryptocurrency-to-buy-for-the-weekend-rally-september-2021-week-4","title":{"rendered":"5 Best Cryptocurrency To Buy For The Weekend Rally September 2021 Week 4"},"content":{"rendered":"

The cryptocurrency market is showing some signs of rejuvenation after this week’s selloff. Its total value has climbed to $2 trillion, up from a one-month low of $1.78 trillion on Wednesday. This represents a rise of roughly 12% in two days, led by a combination of big coins such as BTC and by emerging altcoins such as AVAX. Given that global markets have stabilised after Evergrande met one of two key debt deadlines<\/a>, there’s a chance this rise could continue over the coming days. Accordingly, we’ve put together a list of the 5 best cryptocurrency to buy for the weekend rally. This includes coins with good short- and long-term potential.<\/p>\n

5 Best Cryptocurrency To Buy For The Weekend Rally<\/h2>\n

1. Bitcoin (BTC)<\/h3>\n

BTC is up by 0.8% in the past hour and by 2% in 24 hours, having risen to $45,100. However, it’s still down by just over 5% in the past week, as well as by a similar percentage in the past month.<\/p>\n

\"Bitcoin<\/a>
30-day average (red), 200-day (blue), relative strength index (purple).<\/figcaption><\/figure>\n

BTC has regained just over half of the value it has lost since Monday, when fear surrounding Evergrande began to mount. It had stood at around $47,300 on Monday morning, before falling to a seven-day low of $40,500 on Wednesday morning. In other words, it lost around $7,000 in value, and has regained nearly $5,000.<\/p>\n

There’s every chance that it could regain more of its value over the weekend. In fact, as we’ve noted before, the stock-to-flow model — which compares — forecasts an end-of-year price of around $100,000.<\/p>\n

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So what will #bitcoin<\/a> Dec closing price be?
– S2F model says $100K
– Time model (logarithmic regression) says $30K
Next couple of months will be Interesting.
My money is on S2F, of course. pic.twitter.com\/ancKQ3FdEZ<\/a><\/p>\n

— PlanB (@100trillionUSD) September 22, 2021<\/a><\/p><\/blockquote>\n