Saturday, June 25

The metaverse is on the downside, with MANA and SAND poised to drop 20%, while DeFi has cryptocurrencies poised to rise 200% By CoinTelegraph

© Reuters. The metaverse is on the downside, with MANA and SAND poised to drop 20%, while DeFi has cryptocurrencies poised to rise 200%.

Although the cryptocurrency market registered its all-time high a little less than 45 days ago, the end of 2021 is not being as pleasant as expected by investors who expected the price of () to break barriers and reach $ 100,000.

However, the weakness of BTC to lift its value above $ 50,000 is not discouraging traders like the analyst known as Capo who points out to his 222,200 Twitter (NYSE 🙂 followers that the leading cryptocurrency is finding large numbers. purchase orders on Bitfinex.

According to him, large buys on Bitfinex are an indication that Bitcoin has reached a key support level indicating that the cryptocurrency should not drop much beyond the current $ 46,000 and therefore should continue its sideways trading until break through the $ 48,000 and $ 50,000 barriers to gallop to a new high.

Read the full article on Cointelegraph

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Reference-es.investing.com

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