Bitcoin, Stacks, and Shiba Inu — Poised to Pump!

Jamen Mendes
Coinmonks

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Images, courtesy of sinisamaric1, satheeshsankaran, and Stacks.co

There are a number of crypto currencies ready to pump today!
Amongst the hottest contenders are Bitcoin (BTC), Stacks (STX), and Shiba Inu (SHIB)

Leading the entire market is Bitcoin with a rise of 5%, trading at 43,800 as of this writing! Following Bitcoin is Stacks with a move of 9% and trading at $2.42. Then it’s Shiba Inu priced at $0.0000228, having appreciated over 5% during the past 24 hours.

Bitcoin: All-Time High to the Bearish Dump!
After weeks of crypto sell offs that saw Bitcoin hit a local bottom of $59,673, a dump of 19.2% % from the highs of $74,000 posted last month, the crypto market is ready to pump again! This time, Bitcoin could very well surpass the new all-time-high (ATH) of $73,800!

Graph, courtesy of TradingView

The entire crypto sector has been on an historical rise, following the approval of the BitcoinETFs back on January 10th of this year. After breaking the prior ATH of $69,000, Bitcoin began to stumble as investors took profit and centralized exchanges went on a rampage, hunting margin liquidity pools, causing worldwide liquidations of both shorts and longs!

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Jamen Mendes
Coinmonks

Author, Musician, Metaphysician, and Artist. I write about Crypto, Spirituality, Consciousness, Art, and Reality. https://jamenmendes.medium.com/membership