The bulls are attempting the recovery of Bitcoin (BTC) and other select altcoins like Binance (BNB), Litecoin (LTC), and VC Spectra (SPCT). However, the overall trend of Bitcoin (BTC) to start a relief rally remains bearish.
While Bitcoin (BTC), Binance (BNB), and Litecoin (LTC) are struggling, VC Spectra (SPCT) shows a stable rising curve, which is why investors are switching to SPCT for access to highly-profitable projects.
The Stable Rising Curve of VC Spectra (SPCT) Gains Attention
VC Spectra (SPCT) is a decentralized venture capital fund with exceptional investment opportunities where VC Spectra (SPCT) holders can potentially earn significant returns based on the success of the chosen projects.
VC Spectra (SPCT) is different from other crypto industry players because it identifies promising investment opportunities using a rigorous selection process, recognizing their high potential. VC Spectra (SPCT)focuses on Initial Coin Offerings (ICOs) and specific cryptocurrencies that align with the investment framework.
The VC Spectra (SPCT) team aims for transparency, accountability, and effective risk management. VC Spectra (SPCT) investors have access to a diverse range of profitable initiatives supported by a sustainable development approach. The use of systematic trading strategies and algorithmic approaches enables well-informed and responsible investment decisions.
VC Spectra (SPCT) provides maximized returns, minimal risks, exclusive pre-ICOs, quarterly dividends, and opportunities for buy-back. VC Spectra (SPCT).
Unlike Bitcoin (BTC), Binance (BNB), and Litecoin (LTC), SPCT, the BRC-20 standard VC Spectra (SPCT) token, is currently in Stage 1 of its public presale, available for purchase at a trading price of $0.008. Investors can potentially benefit from 10x gains before the presale concludes.
Bitcoin (BTC) Bulls Look to Re-Establish Control
In the past week, the bears missed the opportunity and failed to sustain the Bitcoin (BTC) below the $25,000 level. This may have possibly started the buying from the bulls, bringing the Bitcoin (BTC) value up to the current $26,759.65. The bulls are attempting to start a Bitcoin (BTC) recovery, so the 2,42% increase in the past week is welcomed.
Bears have tried to limit the relief rally, but the bulls are not giving up much ground, meaning buyers are holding firmly to their positions.
Will Bulls Drive the Binance (BNB) Price Above the Channel?
Bulls did not allow Binance (BNB) price to break the $220 support, which indicates that the demands are at a lower level. The Binance (BNB)/USDT level may possibly reach a 20-day EMA ($261), and bears will most likely try to halt the recovery.
Contrary to this, should the bulls drive the price above the 20-day EMA, the Binance (BNB)/USDT pair could reach a significantly higher 61%. The bulls should attempt to overcome the $252.50 Binance (BNB) barrier to gain strength.
If the first support at the 20-EMA breaks down, the Binance (BNB)/USDT pair could possibly slip to an uptrend line. Breaking close below this level is an indication that the bulls have given up.
Will the Litecoin (LTC) Bears Maintain the Upper Hand?
Unlike the Bitcoin (BTC) bears, the bears have the upper hand with Litecoin (LTC), where the sellers pulled the price below $75. The strong buying at lower levels pushed the Litecoin (LTC)/USDT pair back above $75, making a sharp recovery.
The Litecoin (LTC)/USDT pair may rise to the $50-day SMA ($86) once the bulls try to push the Litecoin (LTC) price to the 20-day EMA ($82). If the bulls overcome the $80 resistance, the Litecoin (LTC)/USDT pair may accelerate up to $90.
Explore the VC Spectra (SPCT) presale here:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
