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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-faces-selling-pressure-after-testing-65000/" data-wpel-link="internal">Bitcoin Faces Selling Pressure After Testing $65,000</a><br></p>
<p style="text-align: justify">Bitcoin (BTC) price is at $62,000 and faced selling pressure after its recent test of $65,000. Although the DXY hit a 52-week low and stocks rose despite expectations of <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">interest rate</a> cuts, cryptocurrencies are not attracting enough demand. On the other hand, despite stable net inflows in the ETF channel, this lack of demand in exchanges continues. So, what about altcoins?</p> 
<h2 style="text-align: justify" id="ceek-coin-prediction">CEEK Coin Prediction</h2> 
<p style="text-align: justify">Losing the $0.0449 base has started the journey to a new all-time low for CEEK Coin. Interest in the <a href="https://en.coin-turk.com/metas-financial-commitment-to-the-metaverse-and-vr-ar-expansion/" data-wpel-link="internal">metaverse</a> sector is significantly weak, and combined with the general disinterest in altcoins, the current outlook for CEEK Coin seems reasonable. For the long-standing decline of CEEK Coin to stabilize, channel support needs to be regained and closures above the $0.067 resistance are required.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-383683 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/08/CEEKUSDT_2024-08-27_22-06-48.png" alt="" width="1815" height="836"></p> 
<h2 style="text-align: justify" id="floki-coin-commentary">FLOKI Coin Commentary</h2> 
<p style="text-align: justify">Despite starting its rise 182 days ago, the price is still 353% above the figures from the week of February 26. While many altcoins fell below last year’s lows, FLOKI Coin remained strong. Notably, even though it was over 90% profitable mid-year, we mentioned that FLOKI investors were patiently waiting.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-383684 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/08/FLOKIUSDT_2024-08-27_22-08-53.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">Although the rate has decreased, investors want to maintain the $0.0000956 base and open the door to new ATH attempts. If BTC can reclaim $70,000, FLOKI Coin could quickly become one of the rising altcoins.</p> 
<h2 style="text-align: justify" id="avax-price-prediction">AVAX Price Prediction</h2> 
<p style="text-align: justify">Despite two major <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">announcements</a> in the RWA sector, AVAX did not stand out positively. Due to its market cap and double-digit annual inflation, AVAX’s price performance lags behind Solana. The $29 mark was not surpassed again, and the price is currently above the $24.5 support. If BTC can rise without lingering too long at low levels, targets above $35 could come back into focus after $29 and $31.45.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-383685 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/08/AVAXUSDT_2024-08-27_22-09-07.png" alt="" width="1814" height="836"></p> 
<p style="text-align: justify">In the opposite scenario, the risk of falling to $18 remains. AVAX has not made a significant comeback to impact its investors following the last bull markets. Perhaps it will stand out more in the general rally expected in the last quarter of this year.</p> 
<h2 style="text-align: justify" id="shiba-coin-prediction">Shiba Coin Prediction</h2> 
<p style="text-align: justify">Competitors are increasing, and interest in SHIB is weakening further. To revive the excitement for a new ATH, closures above $0.0000180 are needed. In case of a decline, the $0.0000132 and $0.0000100 supports could come back into focus.</p> 
<p style="text-align: justify"><img loading="lazy" decoding="async" loading="lazy" class="size-full wp-image-383686 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/08/SHIBUSDT_2024-08-27_22-13-20.png" alt="" width="1814" height="836"></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-faces-selling-pressure-after-testing-65000/" data-wpel-link="internal">Bitcoin Faces Selling Pressure After Testing $65,000</a></h5>
<p>The post <a href="https://en.coin-turk.com/bitcoin-faces-selling-pressure-after-testing-65000/" data-wpel-link="internal">Bitcoin Faces Selling Pressure After Testing $65,000</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

Bitcoin Faces Selling Pressure After Testing $65,000

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