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Reading: Bitcoin Price Surpasses $70,700 Due to US Job Data
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COINTURK NEWS > Meme Token > Bitcoin Price Surpasses $70,700 Due to US Job Data
Meme Token

Bitcoin Price Surpasses $70,700 Due to US Job Data

In Brief

  • Bitcoin price surpassed $70,700 due to US job data.

  • FLOKI Coin may test $0.004 if the rally continues.

  • WIF Coin increased by more than 10% in 2 days.

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COINTURK NEWS 1 year ago
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Bitcoin price surpassed $70,700, driven by recent US job data. The ongoing weakness in the job sector has also eased the Fed’s stance on interest rate cuts. What are the predictions for FLOKI, BONK, and WIF Coin? What should investors expect at this stage?

Contents
FLOKI Coin Price PredictionBONK Coin PredictionsWIF Coin Commentary

FLOKI Coin Price Prediction

BTC targets $71,000, but investors fear another failed attempt. Since April 15, the buying pressure on Floki has maintained the rising channel. Despite occasional dips, FLOKI Coin has remained strong.

Since May 13, the Awesome Oscillator signals the continuation of the upward movement. It also shows that buyers still control the markets.

FLOKI‘s rally may test the $0.004 level next. If momentum is lost, the target could be $0.0025.

BONK Coin Predictions

The popular meme coin hit a low at $0.0000313 and is now preparing for higher levels with the rise in BTC price. Breaking $0.000036 and $0.000044 could test all-time highs. However, losing the $0.0000308 support may lead to seeking new support at $0.0000224.

The JOLTS data is a positive signal for crypto ahead of Friday’s employment data. If expectations are met, upward breaks could occur at the US market opening on Friday. Even if not, expectations are likely to be priced in by Friday. Rapid rises may lead some anxious investors to take profits, causing corrections.

WIF Coin Commentary

We now have many popular meme coins, and dogwifhat (WIF) is one of them. It was one of the strongest meme coins in terms of volume today. It increased by more than 10% in 2 days. At the time of writing, it stands at $3.48. The $3.19 support is strong, and the next target is likely the resistance area at $3.79.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
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.

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COINTURK NEWS 4 June, 2024 - 7:42 pm 4 June, 2024 - 7:42 pm
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