Bitcoin (BTC) $95,362.8 price At the time of writing, it was at $95,400 and the price dropped to $95,199 daily. cryptocurrency This decline as the weekend approaches is annoying for investors, and the lack of volume during the holiday period seems to be in favor of the bears for now. This reflects the risk that weak movements will continue for a while.
Bitcoin (BTC)
With the opening of US markets BTC It started to run towards the daily low again from $ 96,000. Jelle touched upon an important detail in his evaluation shared a few hours ago. We have seen fluctuations similar to what we are experiencing these days in the past weeks, and BTC broke the all-time record again.
“When you look at the overall picture, the volatility of the past weeks seems to have almost no significance.
Bitcoin continues to rise, dips are just speed bumps along the route. Stay focused.”
Such declines in an environment where the trend remains on the rise should perhaps not occupy the agenda of investors so much. Moreover, for months BTC We mentioned that sudden losses exceeding 20% are normal in uptrends before rushing to new records.
Tron and Fartcoin
Kyledoops drew attention to Tron in his review today. TRX Cryptocurrency has been an asset that investors have been familiar with for years, and despite Justin Sun, it maintains its place among the largest altcoins. Kyle draws attention to the stablecoin power here. This situation is supportive for TRX performance.
“tron USDT on is up 93% since June 2022, reaching $61.76 billion in 2024, and is up 28.7% this year alone. “Low fees, high speed and smart moves make Tron the king of stablecoin supply.”
Altcoin Sherpa, who put Fartcoin, one of the most popular altcoins of recent times, on his agenda, had previously written that he would buy on a decline. He not only announced the purchase he made today, but also shared with investors the level he will evaluate at deeper bottoms.
“A little more FARTCOIN I bought it. The last attempt was made just below the $0.8 level. My final purchases will be around $0.65. I’m happy to do DCA on this one and sink in a bit. “I think it will rise much higher later.”
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
