COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Bitcoin and Altcoins Face High Volatility Amid Market Uncertainty
Share
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Technical Analysis > Bitcoin and Altcoins Face High Volatility Amid Market Uncertainty
Technical Analysis

Bitcoin and Altcoins Face High Volatility Amid Market Uncertainty

In Brief

  • Bitcoin and altcoins have faced poor performance and high volatility recently.

  • Analysts predict potential rebounds and significant price targets for ZRO Coin and BTC.

COINTURK NEWS
COINTURK NEWS 2 years ago
Share
SHARE

Bitcoin (BTC) $77,560 and altcoins have not shown the desired performance for two quarters. On the other hand, altcoins have lost more value during this period. We have witnessed net outflows in the BTC ETF channel for 8 days. Moreover, recession concerns are mounting ahead of the Fed’s interest rate cut. All these factors indicate that the current period is pregnant with high volatility.

Contents
ZRO Coin PredictionsBitcoin Analyst Prediction

ZRO Coin Predictions

LayerZero (ZRO) has recently become one of the popular alternative networks and made a splash in the airdrop frenzy. As competitors to networks like Solana increase, market uncertainty has triggered greater losses. The crypto analyst known as Cryptobullet shared his targets for ZRO Coin a few hours ago.

One of the main points he wanted to highlight is that there will be no unlock until July 2025. This means the current supply in the markets will remain the same during the expected rise period.

“ZRO Coin daily chart. It doesn’t have much history, but I really like this Symmetrical Triangle. Even if it breaks and turns into something else, my targets will remain pretty much the same.

The most interesting part: 110 million ZRO tokens are in circulation, and they won’t be unlocked until July 2025.

Macro Target 1 – $14

Macro Target 2 – $22

Macro Target 3 – $40”

Bitcoin Analyst Prediction

The analyst known as Nagato had written that the weak performance period of September would continue. We haven’t even reached the middle of the month yet, but BTC is exactly as he said. According to Nagato, the performance supported by historical data will not last very long. He even uses the phrase “you might have lost your mind” for those who think the decline will continue for a long time.

“Say what you will:
> Bull flag
> Cup and handle
> Valhalla pattern

Do whatever you want. But if you look at this chart, consider the current macro context we’re in, and still decide to be bearish, you must have lost your mind. I shared this chart when $BTC was trading around $57,000 and specifically noted that the beginning of September could be volatile, making it likely to touch the lower region of the flag/handle once more. This region was successfully touched, and now it looks like we’re bouncing from there – though it’s still too early to say anything definitive, as we need some confirmations.

However, in my personal opinion, considering both technical and macro factors, if we haven’t hit the bottom, we will soon. Then we’ll only go up. The next few months will be wild, focus on the blue arrow.”

You can follow our news on Telegram, Facebook & Coinmarketcap & X
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Altcoins make gains as bitcoin recovers above $69,000 with optimism from new agreement news

Crypto Markets Brace for Volatility as Oil Surge Adds Pressure on SOL, XRP, and AVAX

Bitcoin Slides as Iran Talks Stall and Altcoins Feel the Pressure

Bitcoin Reclaims $68,000 as ADA, LINK, and AVAX Lead Altcoin Surge

Bitcoin Bounces Back from $62,000 Low as Altcoins Rally with Double-Digit Gains

COINTURK NEWS 9 September, 2024 - 8:01 pm 9 September, 2024 - 8:01 pm
Share This Article
Facebook Twitter
Share
Previous Article US Economic Shifts Impact Cryptocurrency Market
Next Article SUI’s Market Movements and Analyst Predictions
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Solana struggles below $88 as sellers pressure price
Solana (SOL)
Teucrium launches first 2x leveraged BNB ETF at US exchanges
Binance Coin (BNB)
Bitcoin drops below $78,000 after Trump scraps Iran talks
Bitcoin (BTC)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
COINTURK NEWS 2026
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?