It’s been a series of resistance level failures for both Bitcoin (BTC) and Ethereum (ETH) for this year. Both tokens have failed to break hard resistance lines yet again this week, causing investors to look elsewhere for reprieve.
Strong investment momentum has been spotted in the presale event of The Hideaways (HDWY). The new project hit a 450% gain and is rising quickly, with a price of $0.06 confirmed as incoming on Sunday 16 October!
The best news of all? Invest in The Hideaways now and you’ll be entered into a prize draw with a chance of winning a $10,000 prize!
The bonus amount on purchase has been doubled to 50% so you’ll be making a huge return on your initial investment immediately.
2023 Bitcoin Price Prediction
After briefly touching $20,169 in the previous session, Bitcoin (BTC) circles back to $19,200. The crypto major is last seen trading at $19,261.86 – down 2.60% in the last 24 hours.
Looking at Bitcoin (BTC)’s technical analysis, we can see a clear dent on investors’ sentiment. RSI currently plays back and forth 42.0 and 45.0 which indicates there is a looming selling pressure that’s holding prices in.
Bitcoin (BTC)’s chart shows an EMA crossover mid-August which gave the driver’s seat to the bears. Since then the token has traded on restricted movements, with price hovering between $18,000 and $22,000.
Investors should watch out for the support line at $18,774.24 and another at $17,550.19 for exit signals.
Will Bitcoin be a good investment in 2023? It’s looking difficult for the biggest currency and we’d recommend a wait-and-see approach for now.
2023 Ethereum Price Prediction
Ethereum (ETH) declined 3% in the last 24 hours which sent its price to a critical zone. The token is exchanging hands at $1,310 – a zone that has historically sent prices back to $1,000 round figure.
Due to the recent bearish consolidation, traders are rushing to hit the exit sign and seek safety on better performing coins like The Hideaways (HDWY) which will stage another price rise to reward investors if you purchase HDWY now.
Ethereum (ETH)’s trading volume has gone down 47% to $7 billion, while its RSI fell all the way to 39.0. Both are indications of a growing market fear which could lead to a big market sell-off later. There will be a continuation of the bearish pattern as shown in the 50-day and 20-day EMA crossover which started on September 15.
The first support is at $1,265.00 zone and $1,128.00 next.
What will happen to Ethereum in 2023? We think it could hit $2,000 before dropping back down. The 2nd largest cryptocurrency is definitely one to watch! Will Ethereum price go up in 2023?
The Hideaways (HDWY): Invest now and win $10,000
The Hideaways is a great project offering crypto investors the chance to own a portion of a global portfolio of luxury properties that earn huge rental yields starting from 20%. This passive income is paid out in the form of USDT and ETH and is boosted by staking rewards, monthly rewards air drops and NFT trading.
Analysts predict that investors can expect to receive a minimum of 45% a year from passive income from the project – a huge return on investment!
The Hideaways (HDWY) is a crossover between an NFT and real estate investment. For as low as $100, investors can avail of its digital collectibles that are underpinned by real properties.
The Hideaways (HDWY) is audited by solidproof.io which seals its legitimacy. It is scheduled to launch in Uniswap (UNI) and PancakeSwap (CAKE) this month to grow its community base.
Invest in the project now and you will be purchasing the token at just $0.045. This price will rise soon to $0.06 and the bonus has currently been doubled to 50% to celebrate the start of their final phase of presale.
Invest now and you’ll make a huge investment gain! Not only that but the team have announced a huge $10,000 reward will be given to a lucky investor who purchases HDWY tokens before the price rises to $0.06 at midnight on Sunday 16 October UTC.
It’s a huge reward if you invest in The Hideaways right now. Every order will count as a new entry into the prize draw – so the more you invest, the higher chance you’ll have of winning the massive $10,000 prize!
Website: https://www.thehideaways.io
Pre-Sale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto
