2024-04-13 20:14:00

#If Bitcoin holds $70K support, next $80K?

The cryptocurrency industry continues to experience sharp declines. Although the leading cryptocurrency Bitcoin (BTC) has not experienced a significant pullback today, increases in BTC dominance have triggered the collapse in altcoins.

Recently, QCP, a successful analytics company, shared a new report on the recent declines and linked them to the developments of the war in the Middle East.
Wu Blockchain, a China-based crypto newspaper, shared QCP's latest report on its X/Twitter account:
"The recent declines have been triggered by Iran's threat of retaliation against Israel, which has led to a sell-off among all risk assets.

This move surprised the market, and perp funding fell to negative (below -40%) levels.

With about a week to go until Bitcoin's halving, we expect BTC to struggle to break out of the $64K to $73K range in the short term."

QCP experts, who think that Bitcoin will accumulate in the range of 64 thousand – 73 thousand dollars for a while, expect the rises in BTC and altcoins to continue in the long term.
#GateioBountyCreator #ContentStar #BTC

BTC1,61%

ALT2,19%

PERP-0,65%

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GateUser-fd6b29ed

· 2024-04-14 00:02

#If Bitcoin holds $70K support, next $80K?# #LADYS# It seems that everyone is a little nervous about such a low price..... The road to the ascent is long, but we have to keep speculators away from it, and we want those who stick with it to succeed, so now is the time to buy for long-term profits, not for speculation 😉😉😉

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