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Bitcoin (BTC) has experienced ups and downs during the month so far but remained above the $43,000 price barrier, leading analysts to project future growth for the crypto, fueled by this sign of resilience as it bounced off crucial support levels.

Injective (INJ) is also progressing in an upward direction as it reached a new all-time high. Alongside both of these projects, another crypto that is seeing significant growth is Everlodge(ELDG). We will jump into each project to see how far they can rise and to see which is the best cryptocurrency to buy.

Bitcoin (BTC) to Start 2024 at Over $63,000 Based on Analyst Projection

Crypto analyst Crypto World is bullish on the future of Bitcoin (BTC). In a video recently published on YouTube, the analyst went over how the crypto highlighted a bounce from a significant support line that was previously serving as a resistance zone.

The short-term resistance levels at $43,100 and $43,400 for Bitcoin have been breached, turning into potential support. Further upward momentum could face resistance around $44,500 and $44,700, and a breakout above $44,700 for Bitcoin is signaling a new yearly high. According to the Bitcoin price prediction, it can start 2024 at a value of $63,380.18

Injective (INJ) Reaches New All-Time High – Can It Climb Further?

Injective (INJ) recently made a major milestone, where on December 20, 2023, it reached a new all-time high at a value of $43.20. Alongside this, the 7-day performance of the Injective crypto was also bullish, as it moved up from $28.58 and broke past the $40 price barrier, leading to a maximum value of $42.82.

The total year-to-date (YTD) increase for Injective was by 2,800%, making it one of the largest gainers of the year. According to the on-chart data, this growth has not stopped, and based on theInjective Go to Source to See Full Article
Author: Crypto Daily

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