CryptoAltum
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#Bitcoin Consolidates Near Q1 2023 Highs, Resistance $25k
Current Market Sentiment: Bullish
Resistance level to watch: $25k
Support level to watch: $23.5k
https://bit.ly/btcresistanceat25k
Bitcoin and Crypto Daily Market Updates by CryptoAltum
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#Bitcoin Consolidates Near Q1 2023 Highs, Resistance $25k
Current Market Sentiment: Bullish
Resistance level to watch: $25k
Support level to watch: $23.5k
https://bit.ly/btcresistanceat25k
CryptoAltum
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#Cardano Slows Down after 70% Gain, Support at $0.38
Current Market Sentiment: Bullish
Resistance level to watch: $0.42
Support level to watch: $0.38
https://bit.ly/adaup16percent
Catalysts which will boost Ethereum to the five-figure level
Guy Turner, a crypto analyst with Coin Bureau, said that certain factors could cause Ethereum (ETH) to reach $10,000 during the following bull market. Turner explained that a “killer app” may propel a significant surge in Ethereum to the five-figure level.
killer app
He thinks that a game-changing product, going beyond Bitcoin and Ethereum, is required for the entire crypto industry. He claimed that when asked what the "killer app" would be, he typically responds, "If I knew, I would start working on it right away."
Central bank digital currency (CBDC)
The expert does add, though, that something less noteworthy might potentially spur interest in cryptocurrencies. He contends that the introduction of a new central bank digital currency (CBDC) by a significant nation may also encourage individuals to use cryptocurrencies.
Shanghai Upgrade
Ethereum Shanghai Fork Upgrade is set to introduce a bunch of critical updates and changes to Ethereum in the blockchain’s EVM functionalities. Prior to the actual release.
The network just released the Shapella fork on the Zhejiang testnet. If all goes well, then the testnet will be launched on the Gorili too.
The growing prominence of Ethereum could invite global recognition and roll out of ETFs and spot ETFs. This could welcome a wider audience, who could push the ETH Price to greater heights. Wherefore, the price of ETH could end the trade for 2023 at $1866.79 as per coinpedia.
Guy Turner, a crypto analyst with Coin Bureau, said that certain factors could cause Ethereum (ETH) to reach $10,000 during the following bull market. Turner explained that a “killer app” may propel a significant surge in Ethereum to the five-figure level.
killer app
He thinks that a game-changing product, going beyond Bitcoin and Ethereum, is required for the entire crypto industry. He claimed that when asked what the "killer app" would be, he typically responds, "If I knew, I would start working on it right away."
Central bank digital currency (CBDC)
The expert does add, though, that something less noteworthy might potentially spur interest in cryptocurrencies. He contends that the introduction of a new central bank digital currency (CBDC) by a significant nation may also encourage individuals to use cryptocurrencies.
Shanghai Upgrade
Ethereum Shanghai Fork Upgrade is set to introduce a bunch of critical updates and changes to Ethereum in the blockchain’s EVM functionalities. Prior to the actual release.
The network just released the Shapella fork on the Zhejiang testnet. If all goes well, then the testnet will be launched on the Gorili too.
The growing prominence of Ethereum could invite global recognition and roll out of ETFs and spot ETFs. This could welcome a wider audience, who could push the ETH Price to greater heights. Wherefore, the price of ETH could end the trade for 2023 at $1866.79 as per coinpedia.
CryptoAltum
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#Bitcoin Uptrend Valid, Liquidation Line at $25k
Current Market Sentiment: Bullish
Resistance level to watch: $25k
Support level to watch: $23.5k
https://bit.ly/btcuptrendvalid
CryptoAltum
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#Monero Sellers in Charge as Upsides Capped at $170
Current Market Sentiment: Bearish
Resistance level to watch: $170
Support level to watch: $140
https://bit.ly/xmrcappedat170
CryptoAltum
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#Bitcoin Drops 4% From Key Resistance, Will BTC Hold Above $23.5k?
Current Market Sentiment: Bullish
Resistance level to watch: $25k
Support level to watch: $23.5k
https://bit.ly/btcdown5percent
CryptoAltum
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#Ethereum Bullish But Upside Momentum Fading
Current Market Sentiment: Bullish
Resistance level to watch: $1.75k
Support level to watch: $1.5k
https://bit.ly/ethmomentumfading
CryptoAltum
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#Bitcoin’s Upside Momentum Fades, Will BTC Crash Below $23.5k?
Current Market Sentiment: Bullish
Resistance level to watch: $25k
Support level to watch: $21.5k
https://bit.ly/btcupsidefades
CryptoAltum
Sponsor
#BNB Accumulates, Critical Resistance at $320
Current Market Sentiment: Bullish
Resistance level to watch: $320
Support level to watch: $295
https://bit.ly/bnbresistanceat320
CryptoAltum
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#Bitcoin Traders Appear Undecided as Prices Trickle Lower
Current Market Sentiment: Bullish
Resistance level to watch: $25k
Support level to watch: $23.5k
https://bit.ly/btcpriceslower