While altcoins have weakened significantly BTC price It continues to linger at the $60,000 mark. We see this when we compare the ETH price with the previous periods when BTC was at $60,000. The king cryptocurrency is still lingering similarly to the $20,000 threshold at the beginning of the previous cycle. However, this took longer than expected.
SHIB Predictions
BTC price halving tends to experience parabolic movements afterwards. However, due to the ETF, this period was experienced early and short. Compared to previous cycles, the peak of $ 73,777 is not seen as a real cycle top. This means that the BTC price will experience parabolic rallies again before the year is out. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!
The BTC price has been fluctuating in the 20 percent range for 158 days. Excluding the lower wicks, the area it is stuck in is quite narrow. The price, which has tested the $ 70,000 threshold at least 6 times, is likely to visit this area again before the end of the month (based on the average time between previous attempts).
If BTC retests $70,000 as expected before the month is out Shiba Coin It is possible for the price to rise to the parallel channel support at $ 0.0000209. Depending on the BTC price performance, there is also a possibility that the $ 0.0000264 threshold will be tested here and if demand is strong, the 0.0000294 resistance will be overcome and the journey to the new yearly peak will begin.
In the opposite scenario, BTC searches for new bottoms and selling below $49,000 could push SHIB price towards the $0.0000115 resistance, where the rally started.
DOGE Price Prediction
Meme coin The target for the king could climb to $0.142 and $0.153 with closes above $0.1 net. DOGE If it can stay above the resistance zone, it will be expected to make new attempts at $0.23. In the opposite scenario, the $0.08 base may be the point where sales will stop.
ADA Coin Prediction
The last 157 days from the peak of $0.8 ADA Coin price It is declining. It is difficult to talk about a real return with the continuation of closing below the $ 0.43 support. ADA Coin was around this area in 2022 and 2023.
If the sales continue and $0.43 is not exceeded, the decline may continue to $0.223, which will be the bottom in June 2023.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
