bullish

Bitcoin

Phantom

Coin

<ul class="wp-block-list news-points"> 
 <li>Bitcoin holds steady at $59,000, offering potential buying opportunities as the market awaits its next move. </li> 
 <li>Near Protocol, R Weave, and Phantom show bullish patterns, presenting promising opportunities before a Bitcoin rally. </li> 
 <li>Monitoring RSI levels and Bitcoin’s dominance is crucial for identifying profitable entry points in this market.</li> 
</ul>   
Bitcoin’s Stochastic RSI signals potential buying opportunity amidst market uncertainty, according to an analyst.   
In a YouTube <a href="https://www.youtube.com/watch?v=QOmB06lb-ig" target="_blank" rel="nofollow">video</a>, Crypto Banter, points out that Bitcoin is currently trading at <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="nofollow">$58,462.34</a>, a 2.60% drop in the last 24 hours. He explains that the cryptocurrency market is currently in a tight 3-4% range, leaving investors anxiously awaiting a clear direction, either bullish or bearish.   
The analyst noted that the Stochastic RSI, a momentum indicator, is now entering investment zones. signaling a crucial opportunity for investors to consider adding BTC to their portfolios. He emphasized the importance of monitoring Bitcoin’s dominance and the performance of altcoins relative to Bitcoin. Bitcoin’s dominance in the market could signal major shifts for altcoins, depending on whether it continue…
The post <a href="https://coinedition.com/bitcoin-dominance-nears-critical-level-whats-next-for-altcoins/">Bitcoin Dominance Nears Critical Level; What’s Next for Altcoins?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Bitcoin Dominance Nears Critical Level; What’s Next for Altcoins?

Coin Edition

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