Bitcoin
BTC$29 830.80

2.19%

Ethereum
ETH$1 978.78

0.62%

Tether
USDT$0.998948

-0.01%

Binance Coin
BNB$332.68

3.46%

USD Coin
USDC$1.000136

0.03%

XRP
XRP$0.404298

-0.23%

Bitcoin (BTC) Reviews for May 2022

BTC Reviews Crypto_Bro May 23, 2022
Bitcoin rebounded off the crucial support at $28,630 on May 20, indicating strong buying near this level. The bulls are attempting to push the price above the downtrend line, which could be the first indication that the selling pressure may be reducing. Above the downtrend line, the BTC/Tether (USDT) pair could rise to the 20-day exponential moving average (EMA) of $31,887. The bears are likely to defend this level with vigor. If the price turns down from the 20-day EMA, the bears will once again try to sink the pair below $28,630. If they manage to do that, the pair could drop to $26,700. This is an important level to keep an eye on because a break and close below it could open the doors for a decline to $25,000 and then to $21,800. Conversely, if buyers thrust the price above the 20-day EMA, the pair could attempt a rally to the 61.8% Fibonacci retracement level at $34,823. If this level is scaled, the pair could climb to the 50-day simple moving average (SMA) of $37,289. The 4-hour chart shows that the price is getting squeezed between the downtrend line and $28,630. The 20-EMA and the 50-SMA have flattened out and the relative strength index (RSI) is just above the midpoint suggesting a balance between supply and demand. This balance could tilt in favor of buyers if they push and sustain the price above the downtrend line. If that happens, the pair could start its northward march toward the 200-SMA. On the contrary, if the price turns down from the current level, the bears will attempt to sink the pair below $28,630 and gain the upper hand.

BTC Reviews mArAt May 22, 2022
BTC price continues to encounter selling pressure, but a brief rally or the start of consolidation could lead to sharp gains in BNB, XMR, ETC and MANA. The Dow Jones Industrial Average has declined for eight consecutive weeks, the first such losing streak since 1923. On May 20, the S&P 500 briefly fell into bear market territory, indicating that traders continue to sell risky assets in fear of a recession. Due to its tight correlation with US equities markets, Bitcoin (BTC) has remained under pressure for many weeks. The bulls are attempting to push Bitcoin higher during the weekend and avert an even longer losing streak. Bitcoin’s performance in the first five months has been the worst since 2018, indicating that sellers are in control. However, after several weeks of weakness, the crypto markets may be on the cusp of a bear market rally. What are the critical levels that may signal the start of a sustained recovery? Let’s study the charts of the top-5 cryptocurrencies that may outperform in the near term.

BTC Reviews D0nald0 May 19, 2022
Bitcoin’s recovery failed to rise above the 38.2% Fibonacci retracement level at $31,721 suggesting that the trend remains negative and traders are selling on minor rallies. The BTC/USDT pair could drop to the immediate support at $28,630. If the price rebounds off this level, the pair could consolidate between $28,630 and $31,721 for some time. A break and close above the 20-day exponential moving average (EMA) ($32,979) will be the first sign of a potential change in trend. The pair could then rally to the 61.8% retracement level at $34,823. On the other hand, if the price slips below $28,630, the bears will try to cement their position by pulling the pair below $26,700. If that happens, the negative momentum could pick up and the pair may slide to $25,000 and thereafter to $21,800.

BTC Reviews oLEGGG May 9, 2022
Bitcoin’s 300-week moving average was briefly touched only once during the COVID-19-driven market crash in March 2020, and Cowen doesn’t expect a repeat of the same. Arthur Hayes, former CEO and co-founder of BitMEX, predicted in April that bitcoin would fall to $30,000 at the end of the first half of the year. He attributed this to a possible decline in the Nasdaq index, with which digital gold is highly correlated. Analysts at Arcane Research confirmed that this statistical relationship is at its highest since July 2020. However, fintech experts who took part in the Finder survey expect quotes of the leading cryptocurrency to be above $65,000 at the end of the year with subsequent growth. Hayes himself does not doubt the prospects of bitcoin, predicting a rise in the price of the coin to $1 million by the end of the decade.

BTC Reviews Angel0 May 8, 2022
If you want a good downside indicator for bitcoin and altcoins, these are Fed Funds futures. This is what the market expects from the Fed in a year. They are valued at 3% right now, maybe more, and the actual rate is 1%. As soon as this forward expectation starts to decrease, I think that bitcoin will hit the bottom

BTC Reviews oLEGGG May 6, 2022
Bitcoin halving analysis hints at $24K bottom before the end of 2022. Traders say BTC’s current price action aligns with the Bitcoin halving model, leading some analysts to expect a $24,000 bottom before the end of the year. One of the most popular topics of debate within the crypto community revolves around the Bitcoin (BTC) four-year halving cycle and the effect it has on the long-term price of the top cryptocurrency. Bitcoin price failed to hit the long-predicted $100,000 level in 2021 and many crypto analysts now find themselves wondering about the outlook for the next six to 12 months. Currently, BTC price trades below $40,000 and various technical analysis metrics suggest that further downside is more likely that a recovery to the $40,000 to $45,000 range. Let's take a look at what analysts' views are on Bitcoin's longer-term prospects. A general overview of the four-year cycle theory was discussed in a Twitter thread by crypto analyst and pseudonymous Twitter user "Wolves of Crypto," whose analysis indicates that “the most probable bear market bottom for Bitcoin will take place in November/December 2022.” This projection assumes that the peak BTC price of $68,789 back on November 10, 2021 marked the high of the last cycle and that the market is currently in the corrective phase typically seen after a cycle top.

BTC Reviews Angel0 May 2, 2022
Bitcoin has been moving along the Pivot Point around $40,000 throughout 2022, trying to either reach $50,000 or fall to $30,000. The fight between bulls and bears continued last week as well. Looking at the chart of the BTC/USD pair, it is clear that the bears have had a clear advantage over the past five weeks. Bulls, of course, are making attempts to turn the tide, but no success is yet to be seen. At the time of writing, Friday evening, April 29, the total crypto market capitalization is still below the important psychological level of $2 trillion: at $1.752 trillion ($1.850 trillion a week ago). The Crypto Fear & Greed Index has slightly worsened its readings: it has dropped from 26 to 23 points and has returned from the Fear zone to the Extreme Fear zone. The BTC/USD pair is trading around $38,700.

BTC Reviews Romero May 1, 2022
The correlation of the flagship cryptocurrency with stock indices such as the S&P500 and Nasdaq Composite is still very strong. The correction in US tech companies began late last year, and many of the industry's stocks are currently trading 50-70% below their highs. Investors, anticipating a sharp rise in interest rates by the Fed, switched to the US dollar, losing their appetite for risk assets, which hit the stock and cryptocurrency markets. The high risk of stagflation in many developed countries, the new coronavirus outbreak in China and other processes affecting the global economy do not add optimism. So, there are many chances for bitcoin to go down to $30,000 per coin.

BTC Reviews Drag0n April 27, 2022
Bitcoin rebounds off 6-week lows amid warning of ‘brutal’ BTC price bull trap. As the U.S. dollar challenges March 2020 highs, all bets are off when it comes to fresh Bitcoin price strength. Bitcoin (BTC) reclaimed $39,000 on April 27 after another night of pain saw BTC/USD hit its lowest levels since mid-March. Data from Cointelegraph Markets Pro and TradingView showed the largest cryptocurrency trading at $39,200 on Bitstamp at the time of writing, up 2.5%. April 26 had seen fresh trouble as soon as Wall Street trading began, Bitcoin following stocks downhill once again to hit $37,700 twice. Despite that area already being on the radar as a liquidity grab opportunity, some were far from convinced that the sell-off was done. The current relief, popular trader Kaleo argued, was simply a form of a dead-cat bounce and the real pain would begin when momentum faltered.

BTC Reviews MrBigMoney April 26, 2022
BTC price fell below $38,000 as tech stocks sold off and traders watched cautiously to see if Bitcoin can hold its “macro-level support” zone. The cryptocurrency market and wider global financial markets fell under pressure on April 26 after the hype surrounding Elon Musk's purchase of Twitter began to fade and concerns about the state of the global economy took the forefront again. Tech-related stocks were some of the hardest-hit assets on April 26 and this pullback was followed by sharp declines in crypto prices as risk assets become persona non grata in these turbulent markets. Data from Cointelegraph Markets Pro and TradingView shows that after holding support at $40,500 through the early trading hours on April 26, the price of Bitcoin (BTC) dumped 6.21% in afternoon trading to hit a low of $38,009. April 26's price action looks to be a continuation of the weakness seen across financial markets this month, and month-to-date, the S&P 500 is down by 7%, while the Nasdaq declined 11% and the Dow is nursing a 3% loss. The bearish trend in FAANG stocks has essentially been a weight that has dragged down the wider market and the recent 35% decline in the price of Netflix on April 20 highlighted a major kink in the “strong markets” narrative.

BTC Reviews John April 21, 2022
Bitcoin turned around sharply from $38,536 on April 18, indicating strong buying at lower levels. The buyers continued their purchase and pushed the price to the 50-day simple moving average (SMA) ($42,104). The 20-day exponential moving average (EMA) ($41,811) has flattened out and the relative strength index (RSI) is just below the midpoint, suggesting a balance between supply and demand. This equilibrium could tilt in favor of the buyers if the price rises and sustains above the 50-day SMA. That will increase the possibility of an up-move to $43,900. If bulls manage to overcome this barrier, the momentum may pick up and the BTC/USDT pair could rally to the 200-day SMA ($48,052). Contrary to this assumption, if the price turns down sharply from the current level, it will suggest that bears are active at higher levels. The sellers will then attempt to pull the pair to the support line of the ascending channel.

BTC Reviews Andy April 16, 2022
Bitcoin formed an inside-day candlestick pattern on April 16, indicating indecision among the bulls and the bears. Usually, small range days are followed by a range expansion but it is difficult to predict the direction beforehand. If the price breaks above $41,000, the bulls will attempt to push the BTC/Tether (USDT) pair above the 20-day exponential moving average (EMA) of $42,085. If they succeed, the pair could start an up-move to the overhead resistance at the 200-day simple moving average (SMA) of $48,136 and later to the resistance line of the ascending channel. The downsloping 20-day EMA and the relative strength index (RSI) in the negative territory indicate a minor advantage to bears. If the price turns down and breaks below $39,200, the selling could intensify. The pair could then plummet to the support line of the channel. A break and close below this support could extend the decline to $32,917. The 4-hour chart shows that the price has been clinging to the 20-EMA, indicating that bulls are attempting a comeback. If the price breaks above the overhead resistance between the 50-SMA and $41,561, the pair could rally to the 200-SMA. The bears are expected to mount a strong defense at this level. This positive view will invalidate in the short term if the price turns down from the current level and breaks below $39,200. The pair could then resume its correction and drop to the strong support at $37,000.

BTC Reviews Crypto_Bro April 13, 2022
Although Bitcoin broke below the psychological level at $40,000 on April 11, the bears could not build upon this momentum. This indicates that the bulls are buying at lower levels. The relief rally could hit a wall at the 20-day exponential moving average (EMA) ($42,967). If the price turns down from this resistance, it will suggest that bears are selling on rallies. The downsloping 20-day EMA and the relative strength index (RSI) below 44 suggest a minor advantage to sellers. The bears will have to sink the price below $39,200 to resume the decline. The BTC/USDT pair could then drop to the support line of the ascending channel. On the contrary, if the price continues higher and breaks above the 20-day EMA, the pair could challenge the overhead resistance at $45,400.

BTC Reviews Irenn April 6, 2022
MicroStrategy reveals a fresh BTC buy, but Bitcoin price action is still being held captive by the 200-day moving average. Bitcoin (BTC) fell into the Wall Street open on April 5 after briefly passing $47,000. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD encountering downward pressure as financial markets opened on April 5. The pair was thus more or less at the same level as 24 hours previously, with the intervening period seeing volatility both up and down. Amid an overall lack of direction, traders and analysts waited to see where the largest cryptocurrency would go next. Popular Twitter account CivEkonom was optimistic, highlighting a CME futures gap at $54,000 as a potential target.

BTC Reviews RealSatoshi March 28, 2022
The long wick on Bitcoin’s March 25 candlestick shows that the bears are defending the overhead resistance at $45,400. A minor positive is that the bulls have not given up much ground, suggesting that the traders are not closing their positions in a hurry. The 20-day exponential moving average of $42,025 has turned up and the relative strength index (RSI) is in the positive territory, indicating that bulls are in command. If buyers drive the price above $45,400, the BTC/Tether (USDT) pair could rise to the resistance line of the ascending channel. This level may again act as an obstacle, but if bulls overcome it, the pair could rally to the psychological level at $50,000. Contrary to this assumption, if the price turns down from $45,400, the bears will try to pull the pair to the strong support at $42,594. This is an important level to watch on the downside because if bulls flip it to support, the possibility of a break above $45,400 increases. The bears will have to pull and sustain the price below the moving averages to signal that the bulls have been pushed to the back foot. The 4-hour chart shows that the price turned down from the overhead resistance, but the bulls did not allow the pair to break below the 20-EMA. This suggests that traders are buying on every minor dip. The rising moving averages and the RSI near the overbought zone suggest that the path of least resistance is to the upside. This positive view will invalidate in the short term if the price breaks and sustains below the 20-EMA. In that case, the pair may drop to $42,594.

BTC Reviews Tradder March 21, 2022
According to some experts, it is possible that bitcoin will return to a bearish trend, against the backdrop of a tense geopolitical situation and the upcoming tightening of the Fed's monetary policy. AcheronInsights editor Christopher Yates expects BTC/USD to drop to $30,000. Well-known analyst Willy Woo shares similar fears. His calculations indicate that there is no necessary dip in the relative cost measurement. This, in his opinion, suggests that "there is room for another fall."

BTC Reviews Alexander March 20, 2022
Bitcoin is trading in the $41,650 zone at the time of writing this review, on the evening of Friday March 18. The total market capitalization increased from $1.740 trillion to $1.880 trillion over the week. And the Crypto Fear & Greed Index remained in the Extreme Fear zone, having hardly risen from 22 to 25 points.

BTC Reviews Leva March 15, 2022
Bitcoin formed a Doji candlestick pattern on March 12 and March 13, indicating indecision among the bulls and bears. The price is stuck between the 20-day exponential moving average (EMA) of $39,810 and the horizontal support at $37,000. The 20-day EMA is flattish and the relative strength index (RSI) is just below the midpoint, indicating a balance between supply and demand. If the price rises and breaks above the 50-day simple moving average (SMA) of $39,978, the bulls will attempt to push the BTC/Tether (USDT) pair above $42,600. If they succeed, the pair could rally to $45,400 and later to the resistance line of the channel. Conversely, if the price turns down and breaks below $37,000, the bears will smell an opportunity. The sellers will then try to pull and sustain the pair below the support line of the channel. This kind of move could clear the path for a possible drop to $30,000. The pair is forming a descending triangle pattern which will complete on a break and close below the strong support at $37,000. The pair could then drop to $34,322 and later start its journey toward the pattern target at $29,250. Alternatively, if bulls push and sustain the price above the 50-SMA, the pair could rise to the downtrend line. A break and close above this level will invalidate the bearish pattern. That could attract buying and the pair may then rally toward $45,400.

BTC Reviews Edwardd March 14, 2022
The bullish sentiment was also supported by an authoritative cryptanalyst known as Dave the Wave. According to his forecast, the price of the main cryptocurrency should update its historical maximum in 2022. Dave the Wave has published the BTC price chart and explained that despite bitcoin falling below $40,000, it is still on its way to $100,000. Against the background of the collapse of the global market, the coin has a chance for a steady rebound from the $36,000 mark.

BTC Reviews Dav1d March 12, 2022
According to Galaxy Digital CEO Mike Novogratz, bitcoin and gold will become the safest assets in the near future. “You can put an equal sign between these two instruments and stop the discussion about what is more important, BTC or precious metals,” this billionaire said. However, there is no equality at the moment. On the contrary, according to analysts from IntoTheBlock, the correlation between bitcoin and precious metals has fallen to its lowest level since August 2021. Thus, it has reached a 7-month low in relation to gold and silver. Bitcoin is highly correlated with the traditional stock market while commodity prices continue to rise.

* Crypto Rating accepts no liability for content of the Bitcoin reviews made by the site users. The entire responsibility for the contents rests with the authors.

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 61.2% 89 $29 830.80 2.19% -0.06% $568 243 367 260 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 60% 88 $1 978.78 0.62% -2.65% $239 264 661 104 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94.8% 1 $0.998948 -0.01% 0% $73 198 034 338 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 58% 85 $332.68 3.46% 10.72% $54 319 345 181 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 94.4% 1 $1.000136 0.03% 0.01% $53 412 996 775 USDC 7 days price change
6 XRP (XRP) XRP XRP predictions 58.4% 91 $0.404298 -0.23% -5.30% $19 544 998 936 XRP 7 days price change
7 Binance USD (BUSD) BUSD Binance USD predictions 96% 1 $1.001442 0.19% 0.27% $18 332 749 036 BUSD 7 days price change
8 Cardano (ADA) ADA Cardano predictions 56.4% 92 $0.518095 1.03% -7.86% $17 480 010 174 ADA 7 days price change
9 Solana (SOL) SOL Solana predictions 56.8% 92 $49.23 0.27% -10.01% $16 702 932 943 SOL 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 56% 88 $0.083177 0.07% -6.02% $11 035 092 589 DOGE 7 days price change
11 Polkadot (DOT) DOT Polkadot predictions 59.6% 92 $10.02 1.90% -3.47% $9 896 804 667 DOT 7 days price change
12 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 60.4% 89 $29 797.90 2.06% -0.08% $8 224 307 082 WBTC 7 days price change
13 Avalanche (AVAX) AVAX Avalanche predictions 60.4% 91 $28.68 -0.32% -14.23% $7 766 240 935 AVAX 7 days price change
14 TRON (TRX) TRX TRON predictions 73.6% 57 $0.081485 5.37% 12.78% $7 711 237 884 TRX 7 days price change
15 Dai (DAI) DAI Dai predictions 94.4% 1 $1.000233 0.06% 0.05% $6 576 996 511 DAI 7 days price change

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