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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-price-drops-while-altcoins-show-mixed-reactions/" data-wpel-link="internal">Bitcoin Price Drops While Altcoins Show Mixed Reactions</a><br></p>
<p style="text-align: justify"><strong>Bitcoin price</strong> is lingering at unpleasant levels, erasing a thousand dollars after its daily peak. While altcoins remain relatively calm, some assets like CHZ Coin experienced losses nearing 4%. Some experts predict a resurgence in the upward trend, while others anticipate a new test at $59,000. A deep correction could lead to greater losses in altcoins.</p> 
<h2 style="text-align: justify" id="chiliz-chz-price-prediction">Chiliz (CHZ) Price Prediction</h2> 
<p style="text-align: justify">Known for its quick reactions to BTC price increases, <strong>CHZ Coin</strong> has shown weakness lately, unlike its movements in recent months. The losses following BTC’s peak today significantly impacted it, causing a crucial support level to be lost.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-353290 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/05/CHZUSDT_2024-05-19_22-26-38.png" alt="" width="1815" height="836"></p> 
<p style="text-align: justify">CHZ Coin bulls failed to close above $0.13 and then hit resistance at $0.123. After the latest rejection from this level, potential tests towards $0.11 and $0.105 have begun. CHZ showed weakness even before BTC started its rapid decline. The upcoming network update does not seem to attract <a href="https://finance.coin-turk.com/" data-wpel-link="external" target="_blank" rel="nofollow noreferrer">investors</a> for now.</p> 
<h2 style="text-align: justify" id="ceek-coin-commentary">CEEK Coin Commentary</h2> 
<p style="text-align: justify">For this altcoin, almost nothing has changed. The price is still above $0.05, struggling to maintain support. The prolonged sideways movement, coupled with the disinterest in <a href="https://en.coin-turk.com/metaverse-altcoins-rise-despite-bitcoins-decline/" data-wpel-link="internal">metaverse</a> altcoins, has frustrated long-term investors of <strong>CEEK Coin</strong>. We have shared detailed evaluations on this matter.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-353289 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/05/CEEKUSDT_2024-05-19_22-28-14.png" alt="" width="1815" height="836"></p> 
<p style="text-align: justify">If the support level is lost, this altcoin, popular among Turkish investors, could move towards new ATL levels.</p> 
<h2 style="text-align: justify" id="floki-coin-commentary">FLOKI Coin Commentary</h2> 
<p style="text-align: justify"><strong>BTC</strong> price fluctuations have prevented the price from surpassing the $0.0002233 resistance, now retreating towards support. <strong>FLOKI Coin</strong> is still above the key $0.000123 support for a new all-time high. If it falls below this support, it is likely to seek new lows between $0.000088 and $0.000052.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-353288 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/05/FLOKIUSDT_2024-05-19_22-33-06.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">The loss of support could trigger panic sales among investors waiting for a profitable new peak, causing significant issues. For now, the strong risk appetite may not be seen due to concerns over the resurgence of Iran-Israel tensions. <strong>Fed Chairman Powell</strong> did not comment on the economy during his statements as this article was being prepared.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/bitcoin-price-drops-while-altcoins-show-mixed-reactions/" data-wpel-link="internal">Bitcoin Price Drops While Altcoins Show Mixed Reactions</a></h5>

Bitcoin Price Drops While Altcoins Show Mixed Reactions

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