Bitcoin gain a bit of momentum yesterday and right now sitting a little below $43K. Now as we said earlier, this area of $43K - $45K is one of the important area to watch out for. We have been rejected a few times in the last week or so. Hence further rejection could mean BTC could go even lower. If BTC can go above $45K, then the next target would be around $48K where it always shows a huge amount of resistance.
Also to inform you, If you are invested in token NSFW in the Smart Chain Ecosystem, be sure to check out their discord / telegram as they are currently doing a migration to Polygon / MATIC as they are trying to make improve the perception of their coin. ( BSC is always synonymous with shit coin ). Don't miss out on the migration !
The prices of bitcoins and friends are at:
Bitcoin ( BTC ) - $42,829.37 / IDR 615,000,000.00
Ethereum ( ETH ) - $3,021.22 / IDR 43,404,000,00
Here are some of the prices of crypto assets in my portfolio:
Cardano ( ADA ) - IDR 15,585.00
Polkadot ( DOT ) - IDR 299,001.00
Chainlink ( LINK ) - IDR 225,283.00
Stellar ( XLM ) - IDR 2,961.00
Tezos ( XTZ ) - IDR 50,246.00
As we can see here, Cardano and DOT are rebounding nicely from weekly low last week. Gaining more than 10% each. These prices are likely to reflect on the amount of projects running in the ecosystem. These good news wasn't reflected when btc was below $40K. But with bitcoin showing some strength, some of the coins with good fundamentals are starting to show some strength. Hopefully we can continue this trend further.
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