During the day, Bitcoin reached a maximum of $36,5K, and at some point in the market there were hopes of trying to take the round psychological and technical level of $ 40K, but the bears entered the scene again, and at the moment they are pushing the first cryptocurrency below $35K. Other top altcoins are also showing moderately negative price action, awaiting further triggers. The Bitcoin Dominance Index rose to 46.2%, indicating another cycle of growth in the influence of the first cryptocurrency on the entire market.
For most fans of technical analysis, the next most important level to observe is the 50-day moving average, which is currently at $ 38.221. Breaking this level could open a straight path to $ 40K. On the other hand, lows around $ 30K have recently been retested and the market has shown that it still has enough bullish power to buy around local dips.
The FxPro analyst team said that this is a positive sign for the market, since the minimum point that activates buyers is now at a fairly high level in the historical perspective. It is likely that in the near future the market will be in a sideways trend in anticipation of new triggers, especially now everyone is interested in the Fed’s position on the stimulus policy that will determine the future of Bitcoin.
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | ![]() |
Bitcoin predictions | 69.6% | 54 | $28 035.57 | 1.66% | 4.95% | $541 839 096 808 | ||
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2 | ![]() |
Ethereum predictions | 78% | 39 | $1 775.07 | 1.02% | 1.84% | $217 221 883 335 | ||
3 | ![]() |
Tether predictions | 95.6% | 1 | $1.000976 | -0.19% | -0.14% | $78 562 701 230 | ||
4 | ![]() |
Binance Coin predictions | 76.4% | 51 | $323.46 | -0.40% | -2.95% | $51 071 426 316 | ||
5 | ![]() |
USD Coin predictions | 94.4% | 2 | $0.999601 | 0.01% | -0.01% | $34 392 573 197 | ||
6 | ![]() |
XRP predictions | 85.2% | 21 | $0.428645 | -4.23% | 14.37% | $21 839 846 254 | ||
7 | ![]() |
HEX predictions | 58.8% | 82 | $0.096384 | -19.91% | 10.66% | $16 714 004 185 | ||
8 | ![]() |
Cardano predictions | 76% | 43 | $0.362541 | -2.33% | 6.05% | $12 588 135 268 | ||
9 | ![]() |
Lido stETH predictions | 96% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 | ||
10 | ![]() |
Dogecoin predictions | 74% | 51 | $0.075059 | -2.95% | 0.21% | $9 958 117 300 | ||
11 | ![]() |
Polygon predictions | 76.4% | 48 | $1.11 | -1.01% | -7.45% | $9 708 811 453 | ||
12 | ![]() |
Solana predictions | 74.4% | 52 | $21.67 | -0.29% | 6.07% | $8 316 110 713 | ||
13 | ![]() |
Binance USD predictions | 92% | 1 | $0.996930 | -0.27% | -0.39% | $8 039 266 757 | ||
14 | ![]() |
Polkadot predictions | 71.6% | 49 | $6.16 | -0.32% | -4.71% | $7 244 608 987 | ||
15 | ![]() |
Litecoin predictions | 68% | 58 | $91.86 | 0.28% | 9.72% | $6 664 265 906 |
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