Bitcoin Price Drops After Surpassing $70,800

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Bitcoin price dropped to $69,700 after surpassing $70,800. This development did not cause significant damage to altcoins. What are the current market predictions for DOGE, CHZ, and CEEK Coin?

Dogecoin (DOGE)

The price hovers at $0.168, and Bitcoin avoided a lower dip for now. Dogecoin (DOGE) might be officially labeled as a commodity by the CFTC if the Senate and Biden approve FIT21. The SEC acknowledges that such PoW-based decentralized cryptocurrencies are not securities, but official approval could create a positive atmosphere.

Musk remains indifferent to Dogecoin, and his last support came after a long hiatus following Kabosu’s death. If the price closes above $0.153, it could continue testing $0.174. Surpassing this region could open the door to testing $0.188 and $0.203 levels.

CHZ Coin Price Prediction

Leagues are ending, and CHZ Coin did not perform as expected. Bitcoin’s weeks-long consolidation period was poorly timed for Chiliz. However, in the long term, blockchain services in sports could still attract buyers. If the team can create tangible items like blockchain-based NFT jerseys for the new season, the story’s credibility and price might increase.

The $0.14 level is significant, and if it turns into support, the $0.163 and $0.17 range could be targeted again. Conversely, closing below $0.131 could see the price drop to $0.115 and $0.104.

CEEK Coin Commentary

Metaverse seems largely forgotten. Even altcoins like SAND and MANA are not getting much attention. The current state of 2021’s dazzling story highlights how quickly excitement can fade in crypto. Given this, things are tougher for CEEK Coin, whose investors are expressing their loss of faith on social media.

CEEK Coin, which has significant interest from Turkish investors, continues to hover above $0.052. If $0.059 turns into support, new attempts could be seen. Will the crypto’s nature full of surprises offer good selling opportunities for CEEK Coin or other cryptocurrencies? It’s hard to predict today, but time will tell.

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