Kryptodata

  • Market Cap: $2,723,178,951,330.59
  • 24h Vol: $91,744,688,682.95
  • BTC Dominance: 49.61%
Bitcoin Trading Above $37K Triggers Bullish Setups for VET, IMX, GRT, and ALGO

Bitcoin Trading Above $37K Triggers Bullish Setups for VET, IMX, GRT, and ALGO

The cryptocurrency market is showing bullish signs as Bitcoin holds above $37,000.

Bitcoin’s demand is expected to surge between two to 10 times by the end of 2024, according to MicroStrategy co-founder Michael Saylor.

Analysts project that Bitcoin could hit at least $110,000 in its next bull cycle.

Several major altcoins, including VeChain, Immutable, The Graph, and Algorand, are also performing well and may outperform in the near term.

VeChain has completed a double bottom pattern and could rally to $0.028 if it breaks above $0.023.

Immutable has seen a sharp rise and could rally to $1.59 if it breaks above $1.30.

The Graph has corrected after a sharp up-move but is still in an uptrend with a target of $0.21.

Algorand is forming a rounding bottom pattern and could reach $0.20 if it breaks above $0.14.

Overall, the cryptocurrency market is showing positive signs, with both Bitcoin and altcoins performing well.

Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.