Bitcoin
BTC$26 805.87

-1.40%

Ethereum
ETH$1 854.67

-0.84%

Tether
USDT$1.000096

-0.02%

Binance Coin
BNB$303.98

-1.00%

USD Coin
USDC$0.999905

-0.01%

XRP
XRP$0.505541

-0.88%

Bitcoin (BTC) Reviews for June 2023

BTC Reviews sAMuil May 25, 2023
Bitcoin reached the 20-day exponential moving average (EMA) of $27,278 on May 23, but the bulls could not pierce this resistance. The failure to do that attracted aggressive selling by the bears on May 24. The bears are trying to sustain the price below the immediate support at $26,631. If they are successful, the BTC/USDT pair could plummet to the vital support at $25,250. This level may again witness a tough battle between the bulls and the bears. If the bears come out on top, the selling could intensify, and the pair may collapse to the psychologically important level of $20,000. The 20-day EMA remains the key resistance for the bulls to conquer if they want to start a sustained recovery. A short-term trend change is likely to be signaled after the bulls kick the price above the resistance line.

BTC Reviews RealSatoshi May 10, 2023
The extended crypto winter has pushed crypto event organizers to tone down on the lavishness, allowing attendees to focus on asking more “intelligent questions” about regulation and tax. Crypto conferences attract all sorts from the crypto space, from founders and high-level executives to crypto influencers and everyday users. Tiffany Fong, a crypto vlogger who gained fame interviewing former FTX CEO Sam Bankman-Fried following the collapse of the exchange, is attending crypto conferences for the first time this year. Speaking to Cointelegraph, Fong — who attended both Bitcoin Miami 2023 and NFT NYC 2023 — said she “can’t speak to how conferences used to be in the bull markets,” but has been told by other attendees that it is lighter on the entertainment side this year.

BTC Reviews Kevin April 18, 2023
Bitcoin turned down from $31,000 on April 14, indicating profit-booking by the bulls. The bears will try to take advantage of the situation and tug the price to the 20-day EMA ($28,937). If the price rebounds off the 20-day EMA, it will suggest that the sentiment remains positive and traders are viewing the dips as a buying opportunity. The bulls will then make another attempt to propel the price to the stiff overhead resistance at $32,400. This remains the key level to watch for because a break and close above it may open the doors for a potential rally to $40,000. This positive view will invalidate in the near term if the price plummets below the 20-day EMA. That may embolden the bears, who will then try to sink the BTC/USDT pair to $27,800 and later to $26,500.

BTC Reviews Crypto_Bro April 5, 2023
The bulls again tried to drive Bitcoin above $29,000 on April 5, but the long wick on the candlestick shows aggressive selling by the bears at higher levels. The bears will try to build upon their advantage by pulling the price below the 20-day exponential moving average ($27,273), which is an important level to watch out for. If this support cracks, several short-term bulls may exit their positions. That could open the gates for a retest of the neckline of the inverse head and shoulders (H&S) pattern at $25,250. Conversely, if the price rebounds off the 20-day EMA, it will suggest that bulls continue to defend this level with all their might. That may enhance the prospects of a break above the overhead resistance at $29,185. If that were to occur, the BTC/USDT pair may climb to $30,000 and later to $32,500.

BTC Reviews C0rnel1us April 3, 2023
The bulls propelled Bitcoin above $29,000 on March 30, but the long wick on the candlestick shows that the bears have not yet given up and are selling on rallies. When a level proves too difficult to cross, usually, the price retraces back before making the next attempt. In this case, if the price again fails to cross $29,000, the BTC/USDT pair may pull back to the 20-day exponential moving average ($26,707). A strong bounce off this level will suggest that the sentiment remains positive and traders are buying on dips. That will increase the possibility of a break above $29,185. If buyers succeed in their endeavor, the pair may soar to the $30,000–$32,500 resistance zone. The first sign of weakness will be a fall below the 20-day EMA. Such a move will suggest that the bulls may be booking profits. That may result in a rest of the breakout level of $25,250. Below this level, the pair could slide to the 200-day simple moving average ($20,342).

BTC Reviews l00k$_1ntere$1ng March 27, 2023
Bitcoin has been hovering around the $28,000 level for the past few days. A consolidation after a strong rally is a positive sign as it shows that traders are holding on to their position, expecting a further up-move. The upsloping 20-day exponential moving average ($25,936) and the relative strength index (RSI) in the positive area suggest the bulls remain in control. That enhances the prospects of a break above $28,900. If that happens, the BTC/USDT pair could rally to the $30,000 to $32,000 resistance zone. The bears will try to defend this zone with all their might because if they fail in their endeavor, the pair may skyrocket to $40,000. The vital support on the downside is $25,250. If this level fails to hold up, the pair may tumble to the 200-day simple moving average ($20,179).

BTC Reviews RealSatoshi March 7, 2023
The bulls are finding it difficult to push Bitcoin back above the breakdown level of $22,800. This suggests a lack of aggressive buying at current levels. That could pull the price down to the crucial support of $21,480. This is the make-or-break level in the near term. The moving averages have completed a bearish crossover and the relative strength index (RSI) is in the negative territory, indicating that bears are in command. If the price breaks below $21,480, the bears will fancy their chances. They will then try to yank the price to the psychologically important level of $20,000. Buyers are expected to defend the zone between $21,480 and $20,000 with all their might because a break below it may witness aggressive selling. If bulls want to prevent the sharp decline, they will have to quickly push the price back above the moving averages. That could signal a possible range-bound action between $21,480 and $25,250.

BTC Reviews Jack March 1, 2023
Bitcoin rebounded off the $22,800 support on Feb. 25 and rose above the 20-day EMA ($23,417) on Feb. 26. This suggests that lower levels are attracting buyers. However, the bears may not give up easily. They will try to pull the price back below the 20-day EMA and challenge the 50-day simple moving average, or SMA ($22,433). If this level gives way, the BTC/USDT pair may plummet to the next major support at $21,480. Alternatively, if the price once again bounces off $22,800, it will signal that buyers are fiercely defending this level. That may indicate a range-bound action between $22,800 and $25,250 for a few days.

BTC Reviews Patr1ck February 22, 2023
Bitcoin’s tight consolidation near $25,000 suggests that bulls are holding on to their positions in anticipation of a breakout to a new 2023 high. Bitcoin rose more than 11% last week and is trading near the pivotal resistance at $25,000. Monitoring resource Material Indicators highlighted in its latest update that large-volume traders were “thinning” overhead resistance, which could spark a rally. As prices rise, retail traders may get sucked in, and whales could use this opportunity to sell their positions that were accumulated at lower levels. Every uptrend witnesses several pullbacks, and Bitcoin is no exception. However, the price action of the past several months shows a large basing pattern, which may be about to break out to the upside. If that happens, Bitcoin will signal a potential trend change.

BTC Reviews Edwardd February 15, 2023
Bitcoin and select altcoins are threatening to deepen their correction after reports emerged that the United States Securities and Exchange Commission (SEC) issued a Wells Notice to Paxos, alleging that the dollar-pegged Binance USD stablecoin is an unregistered security. Separately, Paxos has been ordered by the New York Department of Financial Services (NYDFS) to halt the issuance of BUSD. After the crackdown on Kraken last week and now Paxos, the regulator’s actions may increase nervousness among crypto investors. FOX Business journalist Eleanor Terrett tweeted on Feb. 12 that “more Wells notices going out in the coming 2-3 weeks, I’m told.” Volatility may remain high in the near term as market observers await the consumer price index data to be released on Feb. 14. Interestingly, Bitcoin has made a golden cross on the daily chart and a death cross on the weekly time frame. This suggests that the medium-term trend remains negative but the short-term trend could be signaling a turnaround. Let’s study the charts to find out the critical support and resistance levels to watch out for.

BTC Reviews Xavier February 6, 2023
Bitcoin bounced off the $22,800 support on Feb. 1, indicating that bulls are buying the dip to this level. The bulls pushed the price above $24,000 on Feb. 2 but could not sustain the higher levels. The rising moving averages and the relative strength (RSI) in the overbought zone indicate that the path of least resistance is to the upside. If the price rises from the current $22,800, the BTC/USDT pair could surge to $25,000. This level is likely to act as a formidable barrier. The first sign of weakness will be a break and close below the 20-day exponential moving average (EMA) ($22,279). That could trigger the stops of several short-term traders and the pair could fall to $21,480.

BTC Reviews Wanderer January 31, 2023
Bitcoin and altcoins started the week in the red, but if this week’s Federal Reserve meeting aligns with investors’ general expectations, the wider crypto market could quickly rebound. Traders tend to lighten up positions before important events because they hate uncertainty. The United States Federal Reserve’s next policy decision is on Feb. 1, when the central bank is expected to hike rates by 25 basis points. Market observers will keenly watch for any hints about how high the rates could go. That could be one of the reasons for the profit-booking in Bitcoin. Bitcoin’s sharp recovery in January could also be signaling the start of a new bull market, according to certain on-chain metrics. The Profit and Loss Index from on-chain analytics platform CryptoQuant has given its first buy signal since 2019. Blockware Solutions head analyst Joe Burnett believes that Bitcoin will not break above its all-time high of $69,000 until the next Bitcoin halving, which is scheduled to occur in March 2024. Burnett anticipates Bitcoin’s next bull market top will be between $150,000 to $350,000, which is a massive increase from the current levels.

BTC Reviews Experienced investor January 16, 2023
Bitcoin shot up to $21,258 on Jan. 13 and that propelled the relative strength index (RSI) above 89, signaling that the rally was overheated in the short term. The bears are expected to mount a strong defense at $21,500. Sometimes, when a trend change happens, the RSI may remain in the overbought territory for a long time. If the BTC/USDT pair does not give up much ground from the current level, it will suggest that traders are in no hurry to book profits as they anticipate another leg higher. If buyers kick the price above $21,500, the pair could climb to $22,800. This level may again act as a major roadblock. On the way down, the bears will have to drag the price below the psychological level of $20,000 to make a dent in the bullish momentum. The pair could then slump to the breakout level of $18,388.

BTC Reviews MrBigMoney January 6, 2023
Bitcoin rose above the moving averages on Jan. 4 but the bulls could not clear the hurdle at $17,061. This shows that bears are fiercely defending the overhead resistance. Although the price tumbled below the moving averages on Jan. 6, the long tail on the candlestick shows buying at lower levels. The bulls may make one more attempt to drive the price above $17,061. If they succeed, the BTC/Tether pair could pick up momentum and rally to $17,854 and then to $18,138. On the other hand, if the price turns down from the current level or the overhead resistance, it will indicate that the pair may consolidate in the narrow range of $17,061 to $16,256 for a while longer.

BTC Reviews $uppport&re$1$tance January 5, 2023
The crypto market is up today and Bitcoin, Ether, Solana and numerous altcoins rallied after data published by the Institute for Supply Management (ISM) on Jan. 4 which showed slower demand and lower input prices for manufactures which gave investors positive expectations that the Federal Reserve may reduce future interest rate hikes and a cooling US Dollar. Despite the strength of today’s rally, its longevity remains under question as investors anticipate the Federal Reserve’s meeting minutes on Jan. 4 to hint at the size of future interest rate hikes. Crypto and equities markets responded positively ahead of the Jan. 6 nonfarm payrolls report and the cooling supply chain figures shown below could form the basis for softer rate hikes going forward.

BTC Reviews Wanderer December 15, 2022
BTC price retraced all of its intraday gains after Fed chair Jerome Powell issued hawkish statements related to the central bank's 50 basis point interest rate hike. On Dec. 14, Bitcoin BTC price hit a one-month high and saw a brief resurgence in bullish momentum, but a hawkish report by the Federal Reserve’s Federal Open Market Committee (FOMC) and comments from Fed chair Jerome Powell sent BTC to an intraday low at $17,659. Stocks and Bitcoin started the day slightly up but quickly retracted on the FOMC report. To date, Bitcoin price remains closely correlated to equities and a majority of investors have concerns about the impact of further rate increases in the future.

BTC Reviews $uppport&re$1$tance December 9, 2022
The bulls successfully held the $16,787 support on Dec. 7, indicating strong demand at lower levels. Buyers propelled Bitcoin back above the 20-day exponential moving average (EMA) of $17,004 on Dec. 8. The flat 20-day EMA and the relative strength index (RSI) near the midpoint suggest a possible range-bound action in the near term. Usually, tight-range trading is followed by a range expansion, which leads to a trending move. At times, the first breakout tends to be a fake move, hence traders could wait for a confirmation before jumping on to take the trade. If the price breaks above the resistance zone between $17,622 and the 50-day simple moving average (SMA) of $18,046, the BTC/Tether pair could signal a potential trend change. The pair could then attempt a rally to $20,000 and later to $21,500. Conversely, if the price breaks below $16,787, the bears will try to pull the pair to the pivotal support at $15,476.

BTC Reviews Deme0z December 7, 2022
After trading near the 20-day EMA of $16,979 for the past four days, Bitcoin attempted a move higher on Dec. 5. However, the long wick on the day’s candlestick suggests selling at higher levels. The bears are expected to defend the overhead zone between $17,622 and the 50-day SMA of $18,223 with vigor. If the price turns down from the zone but does not break below the 20-day EMA, it will suggest that traders are buying on dips. That could increase the likelihood of a rally to $20,000 and thereafter to $21,500. Alternatively, if the price turns down from the overhead resistance and plummets below the 20-day EMA, it will suggest that the BTC/Tether pair could remain range-bound between $15,476 and $18,200 for a few days.

BTC Reviews MrBigMoney December 5, 2022
Bitcoin and altcoins are beginning to flash signals of a potential trend change, but a handful of downside risks remain. Non-farm payrolls in the United States rose by 263,000 in November, exceeding economists’ expectations of an increase of 200,000. Analysts believe that the numbers remain hot and do not allow much scope for the Federal Reserve to slow down its aggressive rate hikes. This is contrary to Fed Chair Jerome Powell’s remarks delivered at the Brookings Institution, where he said that the central bank could reduce the pace of rate hikes “as soon as December.” That triggered a sharp rally in risk assets. After the latest jobs report, the market participants will closely watch the Fed’s comments and decision in its Dec. 13 and Dec.14 meeting.

BTC Reviews Crypto_Bro December 1, 2022
Bitcoin has shrugged off the weakness in the United States equities markets and is attempting to start a recovery on Nov. 30. Buyers are attempting to achieve a monthly close above $17,000. This suggests that the selling that had picked up due to the FTX crisis may be reducing. Usually, smaller investors panic and dump their holdings in a bear market but it has been the opposite with Bitcoin investors. According to Glassnode data released on Nov. 27, investors holding less than one Bitcoin, also called shrimps, bought 96,200 Bitcoin since the FTX crash. Along similar lines, investors holding between 1 to 10 Bitcoin, classified as crabs, bought 191,600 Bitcoin over the past 30 days. This shows investors are continuing to accumulate at lower levels. However, a sharp recovery in Bitcoin’s price is unlikely for some time. Trading firm QCP Capital believes that the United States Consumer Price Index data on Dec. 13 and the U.S. Fed’s policy decision on Dec. 14 could act as risk factors because many investors could be “forced to continually sell assets to raise liquidity.” QCP expects the situation to turn around only in the second or third quarter of next year after the Fed possibly pivots and releases liquidity in the system.

* 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 91.2% 10 $26 805.87 -1.40% 2.56% $519 755 870 988 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 94.4% 5 $1 854.67 -0.84% 4.20% $223 015 422 400 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 96% 1 $1.000096 -0.02% 0.03% $83 230 335 223 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 95.6% 1 $303.98 -1.00% -0.22% $47 377 323 224 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 94.4% 1 $0.999905 -0.01% 0% $28 877 501 003 USDC 7 days price change
6 XRP (XRP) XRP XRP predictions 76.8% 37 $0.505541 -0.88% 12.34% $26 279 740 617 XRP 7 days price change
7 Cardano (ADA) ADA Cardano predictions 90% 10 $0.363936 -3.17% 2.01% $12 695 439 313 ADA 7 days price change
8 Lido stETH (STETH) STETH Lido stETH predictions 96% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 84.8% 17 $0.071531 -0.10% 1.71% $9 984 428 154 DOGE 7 days price change
10 Polygon (MATIC) MATIC Polygon predictions 81.2% 35 $0.889823 0.05% 1.41% $8 257 084 812 MATIC 7 days price change
11 Solana (SOL) SOL Solana predictions 79.6% 29 $20.61 -0.54% 6.81% $8 175 590 615 SOL 7 days price change
12 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 81.2% 37 $0.074658 -1.32% -3.61% $7 590 887 095 WTRX 7 days price change
13 Litecoin (LTC) LTC Litecoin predictions 80.4% 37 $92.37 3.38% 9.85% $6 747 710 768 LTC 7 days price change
14 TRON (TRX) TRX TRON predictions 81.6% 35 $0.074386 -1.89% -3.97% $6 711 481 387 TRX 7 days price change
15 Polkadot (DOT) DOT Polkadot predictions 90% 10 $5.22 -2.17% -0.51% $6 213 935 139 DOT 7 days price change

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