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BTC To Face Golden Cross Soon?

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August 9, 2021 12:29pm

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Digital Currencies Reshaping Financial System!
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Digital Currencies Reshaping Financial System!

 
 
 

Hey Folks,

Bullish start of the week! Bitcoin opened the week with trading above $43k and with Ethereum’s London hard fork launch, ETH too spiked trading at $3k. Given the growing economic crisis caused by the global health crisis, these digital currencies are sure to reshape the currency financial system

Today’s newsletter is focused on Ethereum, Bitcoin, and Shiba INU


#1 Ethereum Hits $3k!
  
The ETH price is heading strongly towards its immediate resistance levels close to $3200. And a daily close above these could fuel the bull rally close to its ATH around $4400. The ETH burn after the implementation of the EIP 1559 appears to have been accomplished well.

#2 Bitcoin Golden Cross Could Be Just 5 Days Away

After the deadly death cross, the crypto space is largely waiting for the bullish Golden Cross event. As Bitcoin had adopted a steady rally, the event was speculated to occur somewhere by the end of August or mid-September. One of the popular analysts, RektCapital, predicts the Golden Cross is just 5 days away. Also know if BTC short term correction is up before the golden cross?

#3 Shiba INU Price Could Fly High Very Soon

With the rise in the immediate resistance levels, the target for the SHIB price has also extended beyond $0.00001. One of the analysts, predicts a Dogecoin-like giant rally approaching very fast for SHIB price. He set an extremely bullish target of around $0.00002, which could be attainable in the rest of 2021. Also read what popular analyst Crypto Dog is predicting about BTC, ETH and SUSHI.

#4 What’s All This Hype Behind The Golden Cross?

Death Cross! This is one such topic that’s been discussed in a wide range today. But you might have come across questions like, What is this death cross or Golden Cross ?  How does it happen?  How do you calculate it? Then you’re at the right place. Head on to know everything about Golden Cross & Death Cross and more.

#5 Are You Making These Trading Mistakes?

We can see many traders are trading Bitcoin and other top altcoins and gaining huge profits. But the Crypto market is not always about winning. It is not too late to enter the crypto space, however there are a few trading strategies to keep in mind before you start your trading. Watch now!!


Are you a newbie in the Crypto space and get confused with the reading? Here is a complete guide to help you with


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Regards

Team Coinpedia

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