Decentralization is the talk of the town and it’s like crypto is becoming the new oil. There’s no central boss and you get to handle your own assets. In the world of crypto exchanges, Fezoo is making waves as one of the top players. Investors are rushing to get in on the action because they see big potential ahead. A lot of crypto experts and fans are feeling positive about Fezoo, and investors are hurrying to grab their spots in the Fezoo presale.
Bitcoins recent correction
From its recent peak of around $73,900, Bitcoin has undergone a correction of approximately 10% and is currently trading around the $66,000 level. Many investors have already seen substantial gains during this crypto mania and with this correction, investors will see it as a chance to accumulate more but here’s the big question: Could Bitcoin hit $100,000 this bull run?
The trajectory of Bitcoin has been influenced by significant events such as the Terra Luna crash, FTX decline and Binance’s legal challenges. However, with the SEC approving Spot Bitcoin ETFs in the U.S., retail investors seem to be entering the market in droves, potentially driving Bitcoin’s value to higher levels. Some crypto enthusiasts also predict that Bitcoin could even reach $500,000 by 2025, while some suggest to stay cautious.
Head of Research at Uphold Inc. tweeted that big institution and whales have bought more than 12,000 bitcoin while small investors keep selling at every spike. You would have heard the old line that money is made where the big institutions are, big boys continuing the buying tells about the future Bitcoin holds.
Ethereum Price Trends
Ethereum is the second biggest cryptocurrency globally. Recently, it went up by about 150% from its lowest point. The past weeks have been a rollercoaster for crypto investors after Bitcoin broke an all-time high we saw some correction and Ethereum also saw some correction of around 20% currently trading around the $3,300 level.
The current support level for Bitcoin is its 50-day moving average, which it has bounced back from several times already in the daily timeframe. However, for the price to really surge, we need to see some significant changes. With the recent approval of the Bitcoin ETF, investors are now eagerly awaiting the approval of an Ethereum ETF. This could be a game-changer, not just for Ethereum’s price direction, but also for its wider acceptance by institutions and the overall growth of the cryptocurrency market.
Fezoo is the new sensation in the crypto community
Fezoo is the new exciting decentralized exchange that’s changing how people trade cryptocurrencies all over the world. It’s super easy to use and keeps your assets safe while giving you total control. Whether you’re a pro trader or just starting out in crypto, Fezoo has got you covered with a simple platform to buy, sell and even earn rewards.
Fezoo’s presale is underway, currently it is at the first stage of its presale. Right now, the token’s priced at just $0.013, but there’s loads of potential for it to shoot up. It will be a sweet deal for those who are grabbing their spots. All presale investors will earn a revenue share of the platform fees for as long as they hold the tokens. This means that presale investors are unlikely to sell in the opening days, leading to a lower risk of the token price dropping at the start.
Find out more about the Fezoo presale by visiting the website here
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