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Crypto Market Analysis: Challenges for Bitcoin and Chainlink, Emergence of Qubetics

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by Giorgi Kostiuk

3 hours ago


The crypto market is undergoing another wave of changes. Bitcoin is striving for recovery, Chainlink faces challenges, and the new project Qubetics is making its mark.

Bitcoin: Current Challenges

Bitcoin, as the flagship cryptocurrency, remains a significant force despite its recent drop below the 200-day EMA. Recovery around $82,700 and support at $78,258 offer hope for further growth.

Chainlink: Market Pressure

Chainlink, a popular altcoin, is currently under significant pressure. The critical support level of $16.15 may lead to a substantial price drop if breached.

Qubetics: A New Wave in Crypto

Qubetics draws attention with its decentralized VPN concept. With the $TICS token and active community support, the project could significantly impact the decentralized finance sector.

Despite challenges, Bitcoin and Chainlink remain key players in the market, while Qubetics offers a fresh perspective on decentralized technology.

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