A brief technical and on-chain analysis on Bitcoin price. Here, FXStreet's analysts evaluate where BTC could be heading next. Please, subscribe to our YouTube channel, follow us on Twitter @FXScrypto and join our Telegram channel.
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Dogecoin price is experiencing a strong sell-off following yesterday's impressive 37% rally. If the technicals are correct, the DOGE price could sweep the lows at $0.1240 and head to $0.1175. Dogecoin price sell-off looks abnormally steep.
ALGO price is undergoing a very tricky scenario in terms of price direction. The best approach for traders is to wait until an ideal opportunity to present itself. Algorand price could continue falling to the $0.63 level.
Polkadot price is showing significant sell signals. Traders should avoid trying to catch the lows for now. Polkadot price has made a new April low as the digital asset is currently trading at $16.90.
MATIC price is experiencing a strong selloff this Tuesday. There may have been early signs forecasting the move. MATIC price is declining this Tuesday as the bears flex their power on the 4-hour Chart.
Bitcoin price reveals an opportunity to buy as it stoops to crucial support levels. This downswing looks to be a ploy from market makers to purge the sell-side liquidity before triggering an uptrend.
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