BTC 24H Upside Potential ☀️; 🌧️ & Downside Risk in 3 Days
Little has changed over the past 24 hours in the cryptocurrency market after the long-awaited approval of 11 spot Bitcoin exchange traded funds (ETFs) in the US last Wednesday. The price of Bitcoin was unchanged over the past 24 hours at roughly 42,900 dollars.
Mixed trading conditions lie ahead for the global crypto market in the next 24 hours, with a bullish sun shining over Bitcoin, Ripple’s XRP and Binance Coin. Bearish clouds linger over altcoins such as Ether, Cardano and Avalanche.
Over a one-week horizon, these cloudy skies will also prevail over Bitcoin and XRP, signaling downside risks. This bearish trading trend will extend over Ether, Litecoin, Cardano and Avalanche.
The next catalyst expected to push Bitcoin higher is its upcoming halving in the second half of April.
Mixed trading conditions lie ahead for the global crypto market in the next 24 hours, with a bullish sun shining over Bitcoin, Ripple’s XRP and Binance Coin. Bearish clouds linger over altcoins such as Ether, Cardano and Avalanche.
Over a one-week horizon, these cloudy skies will also prevail over Bitcoin and XRP, signaling downside risks. This bearish trading trend will extend over Ether, Litecoin, Cardano and Avalanche.
The next catalyst expected to push Bitcoin higher is its upcoming halving in the second half of April.
Find out more detailed forecasts at www.attmo.ai/