Bitcoin and Altcoin Prices and Analysis – June 4, 2024
What is the latest situation in Bitcoin and popular altcoins? Will the rise continue? Which levels are important for the price to rise? Here are the prices of Bitcoin (BTC), Ethereum (ETH) and popular altcoins!
Bitcoin (BTC)
- Price: $69,120
- 24-hour change: +0.90%
Bitcoin (BTC) is currently trading at $69,120 after facing rejection at the $70,520 resistance level. The price initially dipped to $68,670 after finding support at $70,400 but has since recovered slightly. If it fails to find support at $67,000, the next support level is at $66,000.
Key resistance levels: $69.440, $70.520 Key support levels: $67.000, $66.000
Ethereum (ETH)
- Price: $3,770
- 24-hour change: -1.25%
Ethereum (ETH) is currently trading at $3,770 after losing ground from its $3,970 resistance level. The price has found support at $3,730, but if it breaks below this level, it could fall further to $3,650.
Key resistance levels: $3,830, $3,970 Key support levels: $3,730, $3,650
Avalanche (AVAX)
- Price: $34.84
- 24-hour change: -0.81%
Avalanche (AVAX) is currently trading at $34.84 after facing some selling pressure at the $36.58 resistance level. The price has found support at $34.77, but if it breaks below this level, it could fall further to $33.82.
Key resistance levels: $35.51, $36.58 Key support levels: $34.77, $33.82
Uniswap (UNI)
- Price: $9.51
- 24-hour change: -1.10%
Uniswap (UNI) is currently trading at $9.51 after losing ground from its $10.43 resistance level. The price has found support at $9.169, but if it breaks below this level, it could fall further to $8.55.
Key resistance levels: $9.79, $10.43 Key support levels: $9.169, $8.55
Dogwifhat (WIF)
- Price: $3.29
- 24-hour change: +4.68%
Dogwifhat (WIF) is currently trading at $3.29 after gaining ground from its $3.04 support level. The price has faced resistance at $3.46, but if it can break through this level, it could climb further to $3.84.
Key resistance levels: $3.46, $3.84 Key support levels: $3.04, $2.75
Overall Market Sentiment
The cryptocurrency market is currently in a mixed state. Bitcoin is trading near its all-time high, while some altcoins have pulled back from recent gains. Investors are likely waiting for more clarity from the U.S. Federal Reserve on its monetary policy plans before making any major moves.