Bitcoin
BTC$41 980.08

-1.11%

Ethereum
ETH$3 127.51

-1.56%

Tether
USDT$1.000642

0.01%

Binance Coin
BNB$468.87

-0.82%

USD Coin
USDC$1.000502

0.01%

Cardano
ADA$1.35

-9.44%

Bitcoin continues to flat around $4000


March 2019

Cryptocurrency assets continued to trade with a slight change at the end of the previous week. The Bitcoin/US Dollar pair failed to break through the $4150 level. The single hope for cryptocurrency investors can be only the fact that for almost the whole week the main crypto pair hasn't gone below $ 4000, which let us to continue to talk about an uptrend in the virtual currencies market, though weakly. Bitcoin fell to around $ 4020, Ethereum was trading around level 137, and XRP dropped to $ 0.3085.

Bitcoin continues flat around the $ 4000 level. During the previous week, the average price of Bitcoin, according to CoinMarketCap, was moving in the range of $4000- $4095. The market capitalization for the week almost did not change (-0.3%) and is still held at around $ 140 billion.

Somewhat alarming is the fact that Bitcoin did not receive a growth impulse after overcoming this round mark. As a rule, if after such a bold act there does not come a period of strong uptrend, all this reinforces the skepticism of the market. Part of the bull speculators first out of purchases, if the asset does not receive growth momentum.

During the previous week, the Bitcoin rate was in a narrow range of 4000-4100 dollars. According to CoinMarketCap, on Friday the trading volumes of Bitcoin and steyblokina USDT updated local maximums and reached 11 billion and 10 billion, respectively. The capitalization of the market is kept at 140 billion dollars.

Center for Information Technology of China has published 11 rating cryptocurrency. The TOP3 positions - EOS, Tron and Ethereum - have not changed. Bitcoin dropped two positions from last month and ranked 15th. All the presented digital currency projects have been evaluated on the basis of several categories including basic technology,  and applicability.

In our forecast for Monday, we expect Bitcoin to decline to 4000, 3950 and 3900 dollars, Ethereum to 135, 132, 130 marks, and the XRP price to support 0.3075, 0.3050 and 0.3020 dollars.

The next week, the Bitcoin/US Dollar pair will probably not fall lower $ 3900, but will surely try to overcome the resistance of $4200 level. However, in the transition to the medium-term forecast, the balance of power changes, and here, as before, 70% of analysts side with the bears, voting to reduce the pair during the spring below $ 3000.

The media again sounded forecasts for Bitcoin for $ 250K, on the other hand, talking about falling to new historical minimums, or meaninglessness and zero value of the industry as a whole. However, somewhere in the middle: the demand for cryptoactive assets is indeed growing, but not strong enough to show at least half of the highs reached earlier, however, the growth in daily trading volumes clearly indicates a return of interest, and it is he who will not give the market a final “blown out”.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 69.6% 60 $41 980.08 -1.11% -4.28% $794 870 257 509 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 65.2% 73 $3 127.51 -1.56% -7.18% $372 891 153 254 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94% 1 $1.000642 0.01% 0.03% $78 364 852 449 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 69.6% 59 $468.87 -0.82% -3.49% $77 417 695 076 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 91.2% 1 $1.000502 0.01% 0.07% $46 059 036 016 USDC 7 days price change
6 Cardano (ADA) ADA Cardano predictions 76.4% 48 $1.35 -9.44% 4.09% $45 439 167 051 ADA 7 days price change
7 Solana (SOL) SOL Solana predictions 63.2% 79 $136.95 -2.75% -10.10% $43 024 397 105 SOL 7 days price change
8 XRP (XRP) XRP XRP predictions 70% 62 $0.743925 -1.72% -6.81% $35 457 804 798 XRP 7 days price change
9 Terra (LUNA) LUNA Terra predictions 72.4% 56 $81.82 1.09% 1.03% $29 241 624 904 LUNA 7 days price change
10 Polkadot (DOT) DOT Polkadot predictions 74% 53 $24.32 -3.59% -11.19% $24 016 391 066 DOT 7 days price change
11 Dogecoin (DOGE) DOGE Dogecoin predictions 74% 46 $0.164050 -1.35% 2.27% $21 764 580 700 DOGE 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 64.4% 78 $83.70 -3.03% -11.85% $20 451 218 237 AVAX 7 days price change
13 Polygon (MATIC) MATIC Polygon predictions 71.2% 53 $2.06 -4.40% -12.66% $15 255 717 058 MATIC 7 days price change
14 SHIBA INU (SHIB) SHIB SHIBA INU predictions 70.8% 62 $0.000028 -2.66% -14.36% $15 131 590 866 SHIB 7 days price change
15 Binance USD (BUSD) BUSD Binance USD predictions 96% 1 $0.999482 -0.12% -0.01% $14 344 134 549 BUSD 7 days price change

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