The price of Bitcoin (BTC) $106,738 fell close to $100,718 near the close of the U.S. market, only to bounce back to the $102,500 threshold. At the time of writing, it was endeavoring to reclaim this critical region. What do the current predictions for CEEK, CHZ, and DOGE tell us? Could a stable increase begin after months of decline? Let’s delve into the current predictions for these cryptocurrencies.
CEEK and CHZ Coin
According to Bessent, Senior Advisor at the White House, tariff agreements are set to accelerate, with relations with China being reignited. This shift suggests that markets might experience a period of normalization. Last week’s notable development was the advent of the first official agreement, which elevated market sentiments. Indeed, a deal with the UK materialized, and chip restrictions on a global scale were lifted. Additionally, China issued its first clear positive messages. The anticipated Chinese consensus was declared over the weekend.
For the crypto market, while high tariff rates continue to pose risks, the realization that the worst may have passed is bolstering risk appetite. What did CEEK Coin, known for its speculative moves but stable ATL journey, experience?
As anticipated, upper wicks touching $0.01844 were observed, viewed as selling opportunities with each local peak in the general market uptrend. BTC refreshing ATH may lead upper wicks here to extend to $0.02386.
Despite multiple attempts, CHZ Coin struggled to find support above $0.1 last year. It is now struggling to rebound from the bottom, with $0.05 still not surpassed. If BTC remains robust, peaks extending to $0.06 seem possible, but there’s a risk of descending back to $0.044.
Goldman Sachs postponed its interest rate cut expectations from July to December, which is unfavorable for crypto. The outlook reverted to expecting cuts by December 2024, despite previous speculations of up to six cuts this year from the Fed.
Dogecoin (DOGE) Price Predictions
Kaleo recently shared a chart signaling it’s time to “pay attention” to Dogecoin $0.226066 again, setting sights on a new ATH. The chart indicates that the last dip before a significant rise has occurred, with $3 marked as the peak.
While historical models suggest that the peak period post-halving is approaching, it’s not obligatory for historical data to repeat itself.