This is where Bitcoin price is going following bullish rebound – FXStreet

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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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Solana has gained over 42% in market value in the past 24 hours after experiencing a brutal crash to $37. The sudden spike in interest helped SOL regain the psychological $50 level as support. 
Crypto.com price has been on a steep corrective move for more than five months. This correction sped up after the FOMC meeting on May 4 and took a nosedive on May 5.
XRP price has recouped losses from the pullback on May 11 as the payment giant prepares for its SEC v. Ripple court date on May 13, 2022. XRP proponents have retrieved and shared William Hinman's emails that the SEC sought to protect. 
Shiba Inu (SHIB) price is recovering a bit after it incurred massive losses and instead looked like a wounded deer that has its life hanging by a thread.
Bitcoin price shows interesting setups from multiple time frames that hint at a confluence. This convergence occurs for the short-term bullish outlook as well as the macro bearish scenario for BTC. 
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