Bitcoin (BTC) Recap 8 - 15 April 2024
Bittime – The crypto market has had a volatile week, with Bitcoin (BTC) seeing a -5.24% price drop in the past week. The lowest price reached last week was $60,778, while the highest price reached last week was $72,753.
At the time this article was written, the Bitcoin price was at $64,358 with a market capitalization of $1,264,364,895,034. Transaction volume in the last 24 hours reached $43,434,912,401. It should be noted that these values may change over time along with dynamic market fluctuations.
How will Bitcoin move in the next week?
Analysis using a 1 hour timeframe shows that Bitcoin is still in a bearish trend. Currently, the Bitcoin chart is forming a bearish continuation pattern. If this pattern is valid, Bitcoin has the potential to continue its decline and reach the demand zone in the price range ($60,773.70 - $61,809.79).
Check Today's Crypto Market:
Indicator Fear & Greed
Measuring fear and greed in the crypto market is important because it is very emotional. The Fear & Greed Index aims to help investors navigate these emotional fluctuations by providing a measure of market sentiment.
Check Crypto Prices Today:
Currently, the Fear & Greed Index is at 45, indicating neutral. This shows that investors are neither too afraid nor too greedy.
Watchlist Altcoin
Here are some altcoins to watch out for in the near future:
- Solana (SOL): Potential to drop into the demand zone in the price range ($113,273 - $123,906).
- Dogecoin (DOGE): Potential to fall into the demand zone in the price range ($0.12464 - $0.13695).
- Ethena (ENA): Potentially bullish if able to breakout resistance in the price range ($1,305 - $1,382).
- Bitcoin Cash (BCH): Potentially bullish if able to reverse in the support zone in the price range ($488.5 - $509.0).
- Binance (BNB): Potentially bullish after breakout of the bearish trendline, with a support zone in the price range ($536.62 - $546.07).
Please note that this analysis does not constitute financial advice. Do your own research before making an investment decision.
Disclaimer:
The information provided in this article is for educational and general information purposes only. This does not constitute financial advice and should not be construed as such. Do your own research before making an investment decision.
How To Buy Bitcoin (BTC) With Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also read:
Crypto News: List of Crypto Assets You Must Buy in 2024!
What are Altcoins, Types, How to Buy and How to Sell Them
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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