After reaching $100,000, BTC ($95,989.79) has returned to the $96,200 zone, leaving investors facing similar situations for the fortieth time. Considering the weekend’s low trading volume, it would not be surprising to see continued weakness in altcoins. What predictions can we make for CHZ ($0.06), CEEK ($0.03), FLOKI, and BONK Coins?
Insights on Chiliz (CHZ) and CEEK Coin
Trump has ignited the spark of a global trade war, continuing to escalate tensions. This unsettling situation could have adverse effects on U.S. inflation and is increasingly affecting risk markets. Initially, it seemed to target China, but is now confronting the EU, Japan, and all trading partners, fostering uncertainty in the market.
For CHZ Coin, should the downtrend persist, the channel support at $0.0588 remains crucial. The price has fluctuated between levels we have discussed for months. If selling continues, we might see a new low test at $0.0467 despite the prevailing uptrend, as it seems illogical for the price to remain at these low levels for so long.
