Predicting the Near Future: Bitcoin’s Resistance and the Rise of Meme Coins

Bitcoin has stalled at $68,000 and is drifting there.

In the market, various meme coins are becoming popular as Bitcoin’s trading volume decreases.

Meme coins, like Trump Coin, are becoming buoyant while Bitcoin faces a significant resistance with many sellers at the upper levels.

I have refrained from making predictions as there has been no movement for a while.

Now, it seems time for some movement to start appearing, so I have decided to make a prediction.

As there will be no significant drops or rises, those hoping for short-term trades through altcoins should continue trading, as the prices of altcoins are moving quite dramatically.

The prediction for the next 24 hours is a decline.

There seems to be difficulty in breaking through due to the significant resistance at the upper levels.

After the decline, altcoin trading might decrease, but if prices remain steady even after the decline, then there could be substantial gains to be made from altcoin trading at that time.

I wish everyone successful investing.

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