Price analysis 12/30: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, AVAX
Bitcoin needs to find support in the $90,000 to $85,000 range in order for altcoins to recover and find new buyers.
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Bitcoin needs to find support in the $90,000 to $85,000 range in order for altcoins to recover and find new buyers.
A bearish chart pattern could send Bitcoin price to $76,000. What will BNB, AAVE, XMR and VIRTUAL do in the meantime?
Declining network activity and interest in memecoins put a dent in Solana price, but derivatives data suggest limited downside.
Bitcoin’s repeated failure to cross above $100,000 increases the risk of a drop under $90,000.
ETH price broke down as the wider market corrected, but derivatives data shows traders bullish stance on Ethereum.
Bitcoin futures data suggests bulls are ready to push BTC price back above $100,000.
Bitcoin’s recovery shows solid buying at lower levels, increasing the possibility of a break above $100,000 in the short term.
Bitcoin has fallen 14.5% from its peak high this month as the cryptocurrency dipped below $92,500 this week.
Bitcoin remains under pressure, but the bulls are expected to defend the $90,000 support.
Bitcoin’s recovery toward $100,000 could attract buyers to SUI, BGB, ENA, and VIRTUAL.
