Bitcoin, Ethereum, Dogecoin Trade Flat As Market Uncertainty Persists: Analyst Predicts 'Major Impulse' To $75K For King Crypto
Portfolio Pulse from Aniket Verma
Leading cryptocurrencies like Bitcoin, Ethereum, and Dogecoin traded flat as market uncertainty persisted. Bitcoin faced resistance around its previous all-time high, while Ethereum also faced stiff resistance. The market saw significant liquidations, and the Cryptocurrency Fear & Greed Index indicated potential buying pressure. Analysts predict a major impulse for Bitcoin, potentially reaching $75.8k.
June 03, 2024 | 1:55 am
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NEUTRAL IMPACT
Dogecoin traded flat, with a slight decrease in price. The overall market uncertainty and lack of volatility suggest a neutral short-term outlook.
Dogecoin's price is relatively stable with a slight decrease, and the overall market uncertainty suggests a neutral short-term outlook.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Ethereum traded flat, facing resistance around $3,800. The market uncertainty and significant liquidations suggest a cautious outlook in the short term.
Ethereum's price is facing resistance and the market uncertainty suggests a cautious outlook in the short term, with no clear direction.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Bitcoin traded flat, facing resistance around its previous all-time high. Analysts predict a major impulse up to $75.8k, indicating potential for a significant price increase.
Bitcoin's price is currently facing resistance, but analysts' predictions of a major impulse to $75.8k suggest a potential significant price increase in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100