Bitcoin

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<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/bitcoin-holds-steady-near-60000" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin Holds Steady Near $60,000</a><br></p>
<p style="text-align: justify">Bitcoin’s price is currently around $60,000, standing at $59,950. While altcoin declines have halted, Bitcoin’s inability to breach $60,500 keeps <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">investors</a> wary. Analysts are speculating on potential price movements for LUNA, SOL, and CHZ Coins if Bitcoin sees an increase on Monday.</p>
<h2 id="how-will-luna-coin-perform">How Will LUNA Coin Perform?</h2>
<p style="text-align: justify">LUNA Coin experienced a sharp drop to $0.294 on July 5 amidst severe sell-offs, but has since found support above $0.35. The coin’s price had been declining for 28 days, resulting in a 54% loss. For a recovery, LUNA needs to reclaim the $0.4 and $0.43 levels to reverse these losses. Regaining support at $0.54 could set the stage for a new peak target of $0.8.</p>
<h2 id="will-solana-coin-see-new-highs">Will Solana Coin See New Highs?</h2>
<p style="text-align: justify"><a href="https://en.bitcoinhaber.net/solanas-major-breakthrough-spurs-investor-confidence" data-wpel-link="internal" rel="noopener noreferrer nofollow">Solana</a>‘s price faced limited losses thanks to ETF <a href="https://newslinker.co" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="exclude">news</a>, despite official ETF applications from VanEck and 21Shares. Stable closures above $125 are paving the way for a potential attempt at $150. However, Bitcoin’s strength during this period is crucial. If successful, Solana could turn $162 into support, consolidate around $188, and possibly exceed the $205 resistance, aiming for $256 and higher.</p>
<h2 id="chz-coin-prospects">CHZ Coin Prospects</h2>
<p style="text-align: justify">CHZ Coin is progressing towards the middle of its parallel channel, supported by closures above $0.063. A rise in Bitcoin could propel CHZ to the $0.085 channel resistance, with the next target being $0.0953. For a substantial rise towards $0.3, CHZ must reclaim the $0.106 and $0.14 thresholds. Investors are hopeful for upward momentum with the opening of Asian markets.</p>
<h2 id="user-usable-inferences">User-Usable Inferences</h2>
<p style="text-align: justify">– **LUNA Coin**: Monitor for a rise above $0.4 to signal a recovery.<br> – **Solana Coin**: Watch for stability above $125 as an indicator for potential growth to $150 and beyond.<br> – **CHZ Coin**: Look for Bitcoin’s rise to push CHZ to $0.085 and higher targets.</p>
<p style="text-align: justify">As Bitcoin hovers near $60,000, both altcoin and broader market movements hinge on its performance. Investors remain cautious but optimistic, awaiting further developments.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/bitcoin-holds-steady-near-60000" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin Holds Steady Near $60,000</a></h5>

Bitcoin Holds Steady Near $60,000

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