Polkadot’s Future: Navigating through Uncertainty as Bitcoin Holds Key Support

Even though a double-digit recovery has occurred since its dip, alarm bells of decline continue to ring for the popular altcoin. The Rising and Falling of Polkadot (DOT) Bitcoin price is safeguarding its critical support at $30,000 and the majority of altcoins have turned green. However, the outlook for Polkadot is not as bright. So, what can investors expect? On Saturday, June 10th, altcoins tested their 2-3 year lows and experienced significant losses. Following this, the BlackRock news breathed life into altcoins. A swift recovery in the BTC price aided altcoins in experiencing an average rise of 20% from the bottom. Polkadot (DOT) price has increased by 23% since hitting its annual low on June 10th. This upward movement surpassed several resistance levels. The rate and magnitude of the recent rally might have completed the long-term correction that started in February. The movement in the upcoming weeks will be critical […] The post Polkadot’s Future: Navigating through Uncertainty as Bitcoin Holds Key Support appeared first on COINTURK NEWS.