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Cryptocurrencies Price Prediction: Bitcoin, Shiba Inu & WIF

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Bitcoin price breaks key level, but TradFi whales offer support at $56.4K after spot BTC ETF purchase frenzy Bitcoin (BTC) price is in the lower segment of the ascending parallel channel, treading on relatively mucky ground as early profit booking continues.

Bitcoin price breaks key level, but TradFi whales offer support at $56.4K after spot BTC ETF purchase frenzy Bitcoin price is in the lower segment of the ascending parallel channel, treading on relatively mucky ground as early profit booking continues. However, strong support is expected lower, marked by the entry price of traders who bought into the ETF narrative.

It comes as Bitcoin price continues to drop with meme coins known to take their cues from the pioneer cryptocurrency during bull markets. WIF price rallies 60% as Dogwifhat’s photo sells as NFT for $4.3 million The price of Dogwifhat , a Solana-based meme coin, increased sharply on Monday after the purchase of the original picture that inspired the token. The acquisition, for which web3 pioneer Global Coin Research paid $4.

 

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