In crypto, “bullish” and “bearish” markets can bring good or bad news to investors and traders.
A bull market implies favorable economic conditions. It indicates that a market is rising and is typically followed by optimistic investor attitudes regarding the current uptrend.
On the other hand, a bearish market is the opposite. In a bear market, the value of cryptocurrencies has dropped by at least 20% and will continue to decline, even up to 98%.
Popular cryptocurrencies like Bitcoin (BTC) and Chiliz (CHZ) are currently experiencing bullish gains amid a fake-out recently. However, recent price predictions have let analysts ponder whether they’ll stay bullish in the upcoming months.
Meanwhile, new platforms like The Hideaways (HDWY) continue to experience massive gains even after its presale launch in early September, despite the current bear market crypto winter.
Bitcoin Price Prediction As Recent Price Performs Sluggishly
Bitcoin (BTC) is struggling and is on the verge of a “death cross,” offering little possibility for a bullish breakout. Recent chart patterns indicate that BTC’s short-term MA (Moving Average) has fallen below a long-term MA.
The 20-week MA of BTC fell below the 200-week MA for the first time since its launch in 2009, which made investors look for another cryptocurrency to invest in, such as the HDWY.
The Hideaways had a successful presale launch gaining over 1,500 HDWY holders and is continuing to sell out cryptocurrencies.
Chiliz Won’t Stay In The Bull Market For Long
Chiliz (CHZ) has continuously led the charts for the past few weeks. It did not reverse along with other tokens dragged down by the most recent falls in BTC and ETH. With a current price of $0.231, CHZ has seen gains of 16% on the monthly charts and 9.56% on the weekly charts.
However, CHZ still has a long way to go. The token had just finished consolidating a bullish flag pattern, but it might not maintain its bullish standing due to the market’s increasing price volatility.
Unlike CHZ, price predictions for HDWY, a newly launched real estate cryptocurrency, show it can maintain its bullish trend in the upcoming months. Investors were eager to buy HDWY tokens in its presale launch for $0.01, which has increased to $0.045 already.
The Hideaways (HDWY) Is Expected To Be The Top Performing Coin Of Q4 2022
A brand-new cryptocurrency called The Hideaways (HDWY) gained analysts’ positive approval following its presale at $0.01 before rising to its current price of $0.045.
The HDWY, unlike other cryptocurrency projects. Its operation in the real estate industry makes it a genuine investment with tangible assets and sets it apart from other coins.
With over 1,000 investors, more people are eager to buy NFTs for as little as $100. These are not your typical NFTs, as they give you the right to monthly rental revenue, which has the potential to develop into a reliable source of passive income.
The Hideaways (HDWY) also provide a substantial staking payoff; you may just watch your tokens earn money without taking any risks.
Not only that, they have already audited their contract by SolidProof – a top cryptography security firm that will be locking liquidity forever – the most bullish sign and one that Bitcoin and Ethereum investors should take note of.
Check them out:
Website: https://www.thehideaways.io Pre-Sale: https://ticket.thehideaways.io/register Telegram: https://t.me/thehideawayscrypto Twitter: https://twitter.com/hdwycrypto
Disclaimer: This is a paid release that was not written by Crypto Online News. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Crypto Online News. Crypto Online News does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.