Price Predictions for Bitcoin and Major Altcoins
Bitcoin is currently trading in a range between $100,000 and $111,980, with market sentiment divided regarding its next movement. A survey indicates confusion about Bitcoin's future, with social media analysis reflecting a similar split in bullish and bearish sentiments. The Bitcoin price briefly rose above the 20-day EMA but struggled to maintain higher levels, leaving it vulnerable to a drop towards $100,000. Ether shows similar indecision, trapped between the 20-day EMA and 50-day SMA, with critical support at $2,323. XRP is trying to sustain above $2.20 but may fall to $2 if bearish momentum continues. Other cryptocurrencies like BNB, SOL, DOGE, and ADA are also facing pressure from sellers, each with significant support levels to monitor. Overall, a cautious sentiment pervades the market as traders await clearer signals.
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