Bitcoin, VeChain and Cardano – European Wrap 23 September


Bitcoin price suffered two fatal blows, one on September 7 and another from September 19 to September 21. These two downswings pushed the big crypto down to a critical support floor.


BTC/USDT 1-day chart

VeChain price (VET) witnessed a flash crash for the second time in September as Bitcoin and the cryptocurrency market at large tumbled on September 19 and September 20. However, things seem to have turned around temporarily as BTC has sprung back. Despite the quick run-up, the bullish outlook does not appear to be a definitive one.


VET/USD 1-day chart

Cardano price is gearing up for a recovery after recording a local bottom at $1.90, the lowest point recorded since August 18. A key technical indicator suggests that ADA is ready to reverse the period of underperformance. 







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