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Cryptocurrencies Price Prediction: MATIC, Bitcoin & Cryptos – American Wrap 12 October

Cryptocurrencies Price Prediction: MATIC, Bitcoin & Cryptos – American Wrap 12 October
FXStreet TeamFXStreet TeamFXStreet

MATIC price crashes 66% from 2023 peak as Polygon hardfork looms

Polygon (MATIC) price appears to be stuck in a downtrend since it reached a 2023 top in February, noting only one instance of recovery attempted.  The drawdown has left the altcoin grasping at straws to note a rebound, with another attempt likely to be made in the next couple of hours. 
MATIC/USD 1-day chart
Bitcoin Grayscale Investment Trust with ticker GBTC is showing sideways corrective price action in the hourly chart, ideally a bullish triangle pattern that can take the Bitcoin price higher once it’s fully completed, especially if we consider a strong daily trendline support.
gbtcD
Before she worked at Alameda Research, Caroline Ellison did not think she’d break the rules of morality and also accounting. Of course, this was also before her ex-boyfriend and boss Sam Bankman-Fried convinced her that such mores were worth bending for the greater good.
 
 

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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