Sales blow to Sats (SATS): It fell by more than 20 percent in two days!

2024-02-21 04:15:00

Sats (SATS), one of the well-known names of BRC20 projects, created an atmosphere of panic with its short-term loss of value.

Sats (SATS), one of the prominent projects of the BRC20s, lost a great deal of value due to the decline in Bitcoin (BTC). The popular coin, which started to retreat after failing to overcome a significant resistance, dropped by 20.50 percent in just two days. The fact that BRC20s are not in as much demand as before and BTC’s downward movement rang alarm bells for SATS. Additionally, SATS, which dropped by 9.49 percent in the last 24 hours, ranked second in the “Most Most Losers” list.

## Became the target of sellers!

SATS was the altcoin most affected by BTC’s recent intermediate corrections. The popular coin, which investors quickly disposed of, lost more than 20 percent in value in the last two days. Loosening towards a critical support area, SATS may experience a decline to $0.00000042484 – 0.00000040766 – 0.00000038838 and $0.00000035866 respectively if it fails to catch the strength of the BRC20 trend, BTC falls below $50,000 or BTC dominance increases.

If the BRC20 trend reaches a frenzy like in its early days, BTC settles above $ 53,000, or BTC dominance moves downwards, a positive attack may come from SATS. In such a scenario, the $ 0.00000049483 – 0.00000052219 and 0.00000057055 levels, respectively, can be followed as resistance.

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