Bitcoin falls below $20000
Bitcoin is back below the $20000 level again. Last night we saw a drastic drop in Ethereum price from $1550 to $1425. Bitcoin is back below the $20000 level again. Today, the price of bitcoin fell below $20,000, and this morning’s low is $19,750. The last time bitcoin had this value was on January 13, almost two months ago. If the current consolidation continues, bitcoin could slip to the $19,500 level and thus form a new March lower low.
The next lower consolidation was in the $18700-$19000 zone. For a bullish option, we need a new positive consolidation and a return above $20000. Then we need to hold above, and thus we would form a new bottom from which the price could start a new recovery. Potential higher targets are $20500 and $21000 levels.
Ethereum chart analysis
Last night we saw a drastic drop in Ethereum price from $1550 to $1425. This morning, the decline continued, and Ethereum marked a new two-month low at the $1370 level. So far, there are no signs on the charts that we might see a slowdown in Ethereum’s price decline. Based on that, the next lower targets are the $1350 and $1325 levels.
We could get new support down there. For a bullish option, we first need a return above $1400 and a new positive consolidation. A jump to the $1450 level would be a good indicator that Ethereum has started a new bullish trend. Potential higher targets are $1475 and $1500 levels.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 79.6% | 31 | $43 820.10 | 1.39% | 13.14% | $857 334 806 631 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 76.8% | 36 | $2 361.38 | 0.41% | 12.42% | $283 880 573 853 |  |
|
| 3 |  USDT |
Tether predictions | 92.4% | 1 | $1.000299 | 0.02% | -0.02% | $90 362 643 646 |  |
|
| 4 |  XRP |
XRP predictions | 82.4% | 28 | $0.681118 | 5.93% | 10.95% | $36 751 390 365 |  |
|
| 5 |  BNB |
Binance Coin predictions | 86.8% | 18 | $240.90 | 3.09% | 5.40% | $36 543 180 385 |  |
|
| 6 |  SOL |
Solana predictions | 78.8% | 39 | $75.73 | 6.81% | 22.25% | $32 258 285 071 |  |
|
| 7 |  USDC |
USD Coin predictions | 93.6% | 1 | $1.000125 | 0% | 0.01% | $24 502 884 471 |  |
|
| 8 |  ADA |
Cardano predictions | 82% | 37 | $0.617471 | 27.74% | 59.37% | $21 808 674 474 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 75.2% | 53 | $0.101944 | 5.02% | 21.08% | $14 492 322 552 |  |
|
| 10 |  AVAX |
Avalanche predictions | 72.4% | 50 | $32.71 | 20.35% | 48.38% | $11 963 701 556 |  |
|
| 11 |  STETH |
Lido stETH predictions | 92.4% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 12 |  TRX |
TRON predictions | 92% | 7 | $0.107625 | 1.58% | 4.25% | $9 521 831 874 |  |
|
| 13 |  WTRX |
Wrapped TRON predictions | 94% | 7 | $0.107531 | 1.92% | 4.08% | $9 513 557 659 |  |
|
| 14 |  LINK |
Chainlink predictions | 77.6% | 38 | $16.84 | 5.42% | 6.77% | $9 377 894 789 |  |
|
| 15 |  DOT |
Polkadot predictions | 76% | 38 | $7.44 | 19.08% | 34.95% | $9 335 385 230 |  |
