Bitcoin price stuck below $29K as Terra LUNA comes back from the dead

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Terra LUNA is back, but some altcoins face big problems while Bitcoin stays trapped under $29,000.

over other major altcoin projects, notably Celsius , which had managed to drop from $0.80 to around $0.50 in under a week.Hex , a project which had aroused suspicion throughout its existence, suffered a similar fate, declining from just over $0.11 a week ago to lows of under $0.05.

The top ten cryptocurrencies by market cap nonetheless copied Bitcoin's low-volatility behavior in the 24 hours to the time of writing, with only Dogecoin seeing noticeable moves, this time to the upside to reclaim $0.08.The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

 

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Massive bear movement on the horizon..-30/40%...then....they bounce back

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