The $24,000 BTC Bullseye: Is Bitcoin Headed For A Summer Swoon?

Sponsored
Sponsored
Bitcoin (BTC) has been on a rollercoaster ride for weeks. However, the largest cryptocurrency in the market seems poised to breach the $30,000 mark again if it continues its bullish momentum. Nevertheless, cryptocurrency experts are eyeing a key technical price level that could signal further volatility for the world’s most popular cryptocurrency. According to crypto expert and Economist Mr. Ben Lilly, the $24,000 price level is acting like a bullseye for Bitcoin, signaling a potential price dip in the coming months. Lilly’s analysis is based on Bitcoin’s 200-day moving average (200d MA), which he believes is a key technical indicator
Sponsored

Go to Source
Author: NixCoin

Sponsored
kryptonew

Share
Published by
kryptonew

Recent Posts

Spanish Authorities Nabs Leader of Crypto-Linked Ponzi Scheme

The Spanish authorities have apprehended a man identified as A.R. and referred to online as…

1 hour ago

Top Crypto Gainers of the Day: $PYR, $DCR, and $GIGGLE Lead the Pack

According to Phoenix, a crypto analytical platform, Vulcan Forged ($PYR) reached 82.9% to become the…

1 hour ago

$ZEC Whale Pockets $1.25 Million as Momentum Turns Bullish on Hyperliquid

The popular crypto project Zcash ($ZEC) has recently experienced significant whale activity. In this respect,…

1 hour ago

Top XRP Proponent: I’m Officially Resigning. Here’s why

In a surprising shift, long‑time XRP advocate and software engineer Vincent Van Code has announced…

1 hour ago

This website uses cookies.

Read More