Coin World report:
Bitcoin (BTC) recently broke through the $68,300 threshold 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 yet materialized as the price has been tested multiple times. The focus for Bitcoin now lies on these levels, with the target being a close above $69,381, which could trigger a new target of $71,500. If the price drops due to external factors like the upcoming US elections, traders may see support 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 remains unchanged. However, continuous closes below $0.0001779 over 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 hold at $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 effectively adjust their strategies. With testing of key levels and the emergence of new support areas, the cryptocurrency landscape remains dynamic and provides traders with opportunities for navigation.
