Bitcoin holds $26,000 resistance, Everlodge prices rise 80%
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Bitcoin faces selling pressure
Bitcoin's recent drop has cast a shadow over the entire crypto market. Although it has managed to stay above the $26,000 support level, Bitcoin's outlook remains bearish, primarily due to market uncertainty. Recent events such as the unresolved SEC vs Grayscale case regarding a Bitcoin ETF, and SpaceX reducing its Bitcoin holdings, have left investors and the market in a state of flux.
The global cryptocurrency market cap is hovering just above the $1 trillion mark, with total trading volumes down to $22.04 billion. Unless the market provides investors with a clearer picture, we can expect low volatility to persist. Positive news continues to be the primary catalyst, with a particular focus on the ongoing SEC cases. If the $26,000 support level is breached, Bitcoin could drop as low as $22,000, encountering three major support levels and entering an accumulation phase. However, if additional positive catalysts emerge, bullish momentum might drive Bitcoin's price back up to $30,000, although achieving this psychological level would require significant momentum.
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Everlodge: The future of DeFi
The Everlodge presale is demonstrating impressive results, hinting at its potential to redefine the current paradigms in the housing market. Everlodge will provide opportunities for co-ownership of luxury vacation rentals,
