Bitcoin experiences critical support levels following the halving: a crypto price prediction for April 17th.

Quick Summary:

Crypto Price Prediction: With less than three days for Bitcoin halving, the cryptocurrency market is experiencing a surge in volatility evidenced by the Bitcoin price wavering with narrow-bodied candles and higher wicks in a daily chart.

However, this uncertainty is currently favoring selling as a majority of major coins show a notable downturn in April.

Thus, the upcoming Bitcoin halving is the key event that could bring a directional rally back to the crypto market.

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Article Details

Author / Journalist: Sahil Mahadik

Category: Crypto

Markets: India

Topics: Price Analysis Cardano ADA Toncoin (TON) price Bitcoin Crypto price prediction

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-17 @ 21:40:41 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 842 words

Reading Time: 5 minutes read

Sentences: 48 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 20713664

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 73 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 minutes ago

Coverage Areas: India

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Publisher ID: #59

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