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 | 83.2% | 30 | $62 099.79 | 1.68% | -12.50% | $1 222 541 584 376 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 78% | 40 | $2 999.36 | 0.42% | -15.31% | $360 142 736 045 |  |
|
| 3 |  USDT |
Tether predictions | 91.2% | 1 | $1.000476 | 0.03% | 0.03% | $109 521 707 938 |  |
|
| 4 |  BNB |
Binance Coin predictions | 83.6% | 22 | $543.89 | -0.79% | -13.12% | $81 303 279 174 |  |
|
| 5 |  SOL |
Solana predictions | 74% | 48 | $138.88 | 3.97% | -20.88% | $62 053 928 208 |  |
|
| 6 |  USDC |
USD Coin predictions | 93.6% | 2 | $1.000167 | 0.01% | 0.01% | $33 063 177 628 |  |
|
| 7 |  XRP |
XRP predictions | 73.2% | 52 | $0.487853 | -1.50% | -20.10% | $26 894 906 398 |  |
|
| 8 |  TON |
Toncoin predictions | 69.6% | 61 | $6.68 | 10.33% | -7.15% | $23 196 874 569 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 71.2% | 60 | $0.147786 | 0.11% | -25.49% | $21 273 070 494 |  |
|
| 10 |  ADA |
Cardano predictions | 71.6% | 56 | $0.443243 | -1.52% | -24.64% | $15 790 405 351 |  |
|
| 11 |  SHIB |
SHIBA INU predictions | 58% | 85 | $0.000022 | -0.33% | -20.69% | $12 946 097 797 |  |
|
| 12 |  AVAX |
Avalanche predictions | 69.2% | 63 | $33.81 | -1.65% | -27.79% | $12 778 319 659 |  |
|
| 13 |  STETH |
Lido stETH predictions | 93.2% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 14 |  WBTC |
Wrapped Bitcoin predictions | 79.6% | 30 | $64 428.88 | 5.49% | -9.12% | $10 011 199 931 |  |
|
| 15 |  WTRX |
Wrapped TRON predictions | 90% | 15 | $0.107125 | -2.44% | -11.66% | $9 385 324 483 |  |
