Bitcoin price will see breakout during this week
Bitcoin (BTC) closed beneath a key moving average for the eighth week in a row this weekend, but one analyst is betting on an imminent breakout. Data from Cointelegraph Markets Pro and TradingView tracked Bitcoin as it reversed weekend gains on Monday after a disappointing weekly close. The largest cryptocurrency had maintained its familiar trading range with $33,000 as support through Saturday and Sunday, but the new week dampened momentum.
For popular trader and analyst Rekt Capital, unless progress can be made, Bitcoin bulls may not have long to last before fresh losses hit. “The blue 50-week EMA is still holding as support,” he summarized in a series of tweets. “If this HL isn’t reclaimed as support soon, the sell-side pressure on the 50 WEMA may be too much for $BTC to hold here.”
Others were more upbeat. In his latest video update, fellow trader Michaël van de Poppe went as far as to call a BTC price breakout within days. “I believe that Bitcoin is going to make a breakout to the upside,” he forecast. “I would not be surprised if Bitcoin is going to trade around $38,000 during the days of this week.” A look at buy and sell levels at major exchange Binance showed resistance forming at $35,000, with $30,000 remaining in place as overall support.
Altcoins lurk ahead of market decision
Van de Poppe added that this movement might be good for altcoins, which could start capitalizing on bullish sentiment. He had previously argued that altcoins would outperform the speed of Bitcoin’s gains in the coming months.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 86.8% | 21 | $62 986.12 | -0.36% | -8.55% | $1 239 844 435 503 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 83.6% | 30 | $3 072.14 | 0.48% | -12.30% | $368 872 929 637 |  |
|
| 3 |  USDT |
Tether predictions | 94.8% | 1 | $1.000429 | -0.02% | 0.08% | $108 146 503 716 |  |
|
| 4 |  BNB |
Binance Coin predictions | 85.6% | 16 | $537.59 | -2.70% | -7.18% | $80 387 904 306 |  |
|
| 5 |  SOL |
Solana predictions | 74% | 43 | $134.05 | -1.51% | -23.14% | $59 868 217 292 |  |
|
| 6 |  USDC |
USD Coin predictions | 96% | 2 | $1.000167 | 0.01% | 0.02% | $32 451 971 416 |  |
|
| 7 |  XRP |
XRP predictions | 81.2% | 31 | $0.494610 | 1.06% | -20.47% | $27 262 865 648 |  |
|
| 8 |  DOGE |
Dogecoin predictions | 70.8% | 60 | $0.154581 | -0.91% | -18.12% | $22 245 960 955 |  |
|
| 9 |  TON |
Toncoin predictions | 72.8% | 53 | $6.21 | -5.67% | -6.45% | $21 559 886 740 |  |
|
| 10 |  ADA |
Cardano predictions | 75.6% | 49 | $0.453989 | 1.71% | -24.44% | $16 169 022 865 |  |
|
| 11 |  SHIB |
SHIBA INU predictions | 62% | 85 | $0.000022 | 4.82% | -19.16% | $13 201 580 996 |  |
|
| 12 |  AVAX |
Avalanche predictions | 69.2% | 62 | $34.34 | -1.09% | -27.21% | $12 977 489 104 |  |
|
| 13 |  STETH |
Lido stETH predictions | 94% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 14 |  WBTC |
Wrapped Bitcoin predictions | 83.6% | 20 | $62 874.10 | -0.91% | -8.66% | $9 762 337 979 |  |
|
| 15 |  TRX |
TRON predictions | 87.6% | 15 | $0.110675 | 0.01% | -8.25% | $9 698 183 313 |  |
