
Bitcoin (BTC) is Down 13% From April, Is the Bear Run Over?
Bitcoin is down 13% from April 2023 highs but stable in the last trading day. Traders are closely watching events unfolding from the US.
Bitcoin is down 13% from April 2023 highs but stable in the last trading day. Traders are closely watching events unfolding from the US.
Ethereum might be lower but the primary support is at around $1,800. If bulls reject today’s losses, ETH may recover toward $2,000.
Polygon prices are under pressure despite the growing popularity of the platform. MATIC is currently down 32% from March 2023 highs.
Bitcoin prices remain under immense selling pressure at spot rates, looking at the performance of the BTC in the daily chart.
Ripple prices are stable when writing after crashing nearly 30% from April 2023 highs. Bulls have a chance provided l XRP is above $0.42.
Bitcoin prices are brittle when writing, down below $27k as bears double down, targeting $25k or lower in the sessions ahead.
Ethereum prices are under pressure and looks likely to drop below the $1,800 support level. This is despite rising ETH staking addresses.
Ethereum is higher when writing but remains pinned below $2,100 following sharp losses from April 19 to 21.
Polygon prices are oscillating around $1 but the selloff has been unexpectedly rapid. MATIC is down 35% from Q1 2023 peaks.
Bitcoin prices are under pressure despite record hash rate and difficulty. Dropping prices expected in days ahead may impact miners.
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