![]() A successful bounce off this level could ignite positive momentum and renew investor confidence. Currently hovering around $26,283, the 200-week moving average will act as a crucial support level. A fast breakout to the upside would signal the end of the correction phase. The upcoming week holds a make-or-break moment for Bitcoin, as the analyst points out. The outcome of this retest is likely to have a profound impact on the market sentiment.Īlso Read: Anthony Scaramucci: Bitcoin 50% Undervalued, ‘Explosive Returns’ Await with Key Catalyst – Coinpedia Fintech News Consolidation Phase Stocks finished Friday lower as investors parsed fresh comments from Federal Reserve Chair Jerome Powell, as well as updates on debt-ceiling negotiations, which have. The current price direction of PepeMiner is decreasing because PEPEMINER is down 66.87 in the last. Our converter updates in real time giving you accurate data every time you use it to make a conversion. After spending an extended period below the moving average, Bitcoin is currently deemed undervalued, making this retest even more significant. The PEPEMINER to BTC conversion rate today is 0.00000001809 BTC and has decreased by 13.15 in the last 24 hours. Historical data supports the notion that this phrase often presents an excellent opportunity for accumulation. Van de Poppe suggests that a successful retest of the 200-week MA could indicate the conclusion of the Bitcoin correction. says the Bitcoin NFT ecosystem could be worth 4.5 billion by 2025, while about 25,000 memecoins have been tallied on the blockchain since they first emerged in March. It has a circulating supply of 173,411,074,413 HEX coins. The current CoinMarketCap ranking is 203, with a live market cap of 4,810,588,934 USD. ![]() We update our HEX to USD price in real-time. As the market eagerly watches, Michaël van de Poppe predicts that the next few days will be pivotal for Bitcoin’s prospects, with a particular focus on the retest of the 200-week moving average (MA) as a key technical indicator. The live HEX price today is 0.027741 USD with a 24-hour trading volume of 17,766,080 USD.
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