📈#Bitcoinhas been fluctuating in a narrow range for many months. Bears pulled the price down but could not hold it, attracting bulls to buy. 🚀
💰 Data from Farside Investors: 310 million USD poured into Bitcoin ETF on July 12, highest since June 5. The market believes that a short-term bottom has formed.
📊#BTCrecovery could improve sentiment and lift crypto markets. Several altcoins have broken through resistance levels that could lead the rally.
🔍#Bitcoinprice analysis:
- Bounced from $56,552 on July 12, surpassed 20-day SMA ($59,422) on July 14.
- If the price keeps above the 20-day SMA, a rise to $64,602 is likely.
- If bears pull the price down, a retest of $56,552 is possible.
📈#Kaspaprice analysis:
- Bounce from 50-day SMA ($0.16) on July 12.
- If it surpasses the 20-day SMA ($0.17), a rally to $0.20 is possible.
- If it falls below the 50-day SMA, a drop to $0.14 is possible.
📈#Makerprice analysis:
- Strong increase from $2,000 on July 8.
- If the price keeps above $2,730, it can rise to $3,234.
- If it falls below the SMA, it could drop to $2,000.
📈#Arweaveprice analysis:
- Trading within the range of $22 - $49.55.
- If it surpasses the 20-day SMA ($25), a rally to $31 is possible.
- If it falls below $22, it can drop to $16.
📈#Notcoinprice analysis:
- Trying to bounce from 20-day SMA ($0.014).
- If $0.017 is surpassed, a rise to $0.021 is possible.
- If it falls below the 20-day SMA, a drop to $0.009 is possible.
👉 What do you think about this trend? Comment below! 💬#Crypto#Blockchain#Finance#Tech #MarketTrends