Coin World News Report:
Bitcoin (BTC) recently broke the threshold of $68,300 and is expected to test $69,500 again. For cryptocurrency traders, a daily closing price above $70,000 is crucial for driving the potential peak in 2024. This price trend has sparked interesting questions about the predictions for Bitcoin, Floki, and LUNA Coin.
What is the latest trend for Bitcoin?
Despite sales exceeding $69,381, the bullish trend has not been realized as the price has been tested multiple times. The current focus for Bitcoin is on these levels, with the goal of closing above $69,381, which could trigger a new target of $71,500. If the price falls due to external factors such as the upcoming US election, traders may see support levels shift to between $65,800 and $60,450.
How is Floki Coin performing currently?
Floki Coin has maintained support at $0.000104 since early March, indicating a bullish outlook if this level holds. However, consecutive closings below $0.0001779 in the past 26 days suggest potential volatility, and based on Bitcoin’s volatility, FLOKI may test support at $0.000125.
Key points:
The target for BTC is to regain momentum above $69,381 and reach the target of $71,500.
Floki Coin needs to maintain $0.000104 to sustain its upward movement.
LUNA Coin shows potential sideways movement influenced by external developments.
The recent price trend of Bitcoin has raised traders’ awareness as they closely monitor the market to adjust their strategies effectively. With the testing of key levels and the emergence of new support zones, the cryptocurrency landscape remains vibrant and provides traders with opportunities for navigation.