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Bitcoin (BTC) fails to gain positive momentum from top analyst Cathie Wood from Ark Invest's bullish prediction.
Wood has maintained her forecast of a $1 million apiece price for Bitcoin (BTC) in 2030, adding that the crypto winter is a battle test to see which cryptocurrencies can survive.
The market's attention is on The Hideaways (HDWY), a presale token that is on crypto headlines lately.
Bitcoin (BTC) did not make any advances following Cathie Wood of Ark Invest's prediction that its price will hit $1 million by 2030.
Investors find it hard to believe such an optimistic forecast, especially with the ongoing volatility from the FTX collapse.
Bitcoin (BTC) is exchanging hands at $16,510.00 after clinching a conservative 0.13% gain in the 24-hour charts. The price did not make swing highs and lows during the week, showing there is still an ongoing fear among crypto investors.
Moreover, traders have grown an appetite for low-cap cryptocurrencies like The Hideaways (HDWY) lately after losing big money from FTX. Crypto majors like Bitcoin (BTC) are sidetracked by this change in market behavior.
Bitcoin (BTC) will stay in the $16,000.00 through the Thanksgiving weekend holiday. Traders will be taking a break from the crypto bonanza that has wiped billions off investors' pockets in just a week.
After the pause, BTC buyers will attempt to break the next resistance line found at $17,700.00. A successful clearing at this level will open the doors for $20,000.000. On the downside, multiple rejections can send the price back to $15,000.00 – a two-year low.
Currently, Bitcoin (BTC)'s technical indicators point to bearish momentum. The RSI is at 39.19 – an indicator of the dominance of sellers over buyers.
The Hideaways (HDWY) outshines Bitcoin (BTC) and other crypto majors at the height of the FTX fallout.
The new crypto project is the first to offer investors an opportunity to be landlords of luxury real estate properties across the world without having to undergo the lengthy and costly process of traditional real estate investing.
Through acquiring NFTs backed by real-world assets, investors are guaranteed to receive a lucrative monthly rental yield in the form of ETH, USDT, and USDC.
All of this comes at a starting price of only $100 for its fractionalized NFTs – a strategic opportunity for regular investors to get started with their property acquisition dreams.
The Hideaways (HDWY) is offered for a presale price of $0.10 – the cheapest you could ever get such a high-potential token.
Website: https://www.thehideaways.io
Pre-Sale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
