Renowned analyst 'Wolf' has shared a Bitcoin forecast, warning of a potential price correction. At the same time, he highlights opportunities for some new altcoins.
Bitcoin Analysis: A Potential Correction
The current Bitcoin charts reveal an interesting technical setup. The price is consolidating in a wedge-like structure, indicating potential for either a continued rise or exhaustion before correction. Analyst 'Wolf' warns of a potential correction, noting key resistance and support zones. Currently, major resistances are identified around $102,000 and $112,000, while significant support lies near $87,932. This insight suggests a cautious stance towards a short-term correction while maintaining the overall upward trend.
Wall Street Pepe: Presale Success
The WEPE token has become a market sensation, raising around $15 million in just a few days and totaling $19 million since last week. The project attracts investors by blending the cultural phenomenon of Pepe the Frog with Wall Street style. The token offers a unique VIP club for holders with access to premium trading signals and strategies aimed at leveling the playing field for participants.
Crypto All-Stars: Reaching New Milestones
Crypto All-Stars is drawing attention with a new staking opportunity through MemeVault. The project allows staking of popular meme coins to earn $STARS tokens. The total funds raised in ICO have exceeded $16 million. Currently, $STARS is trading at $0.0016782, with limited days left for the presale.
Analyst 'Wolf' warns of a potential short-term Bitcoin correction, suggesting focusing on new promising altcoins. Projects like Wall Street Pepe and Crypto All-Stars grab attention with their innovative strategy and impressive fundraising outcomes.