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 | 56.8% | 93 | $19 173.58 | -5.59% | -9.47% | $365 883 859 488 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 58.4% | 92 | $1 043.79 | -4.54% | -13.81% | $126 689 421 070 |  |
|
| 3 |  USDT |
Tether predictions | 93.2% | 1 | $0.998919 | 0.01% | -0.04% | $66 160 602 837 |  |
|
| 4 |  USDC |
USD Coin predictions | 93.2% | 1 | $1.000231 | 0.02% | 0.02% | $55 815 494 602 |  |
|
| 5 |  BNB |
Binance Coin predictions | 60.8% | 83 | $214.54 | -5.12% | -9.08% | $35 028 920 393 |  |
|
| 6 |  BUSD |
Binance USD predictions | 91.6% | 1 | $0.999580 | 0% | -0.03% | $17 539 856 627 |  |
|
| 7 |  ADA |
Cardano predictions | 61.6% | 77 | $0.446715 | -4.37% | -10.24% | $15 077 779 981 |  |
|
| 8 |  XRP |
XRP predictions | 66.4% | 69 | $0.311407 | -5.37% | -14.87% | $15 054 390 816 |  |
|
| 9 |  SOL |
Solana predictions | 66% | 76 | $32.25 | -7.57% | -21.53% | $11 071 837 284 |  |
|
| 10 |  DOGE |
Dogecoin predictions | 65.6% | 71 | $0.066189 | -1.94% | -0.53% | $8 781 397 887 |  |
|
| 11 |  DAI |
Dai predictions | 93.6% | 1 | $0.999516 | -0.11% | -0.06% | $6 857 474 894 |  |
|
| 12 |  DOT |
Polkadot predictions | 68.4% | 67 | $6.65 | -5.87% | -17.76% | $6 571 038 873 |  |
|
| 13 |  TRX |
TRON predictions | 58.8% | 88 | $0.064908 | -1.37% | -0.91% | $6 003 347 514 |  |
|
| 14 |  LEO |
UNUS SED LEO predictions | 69.6% | 60 | $5.75 | -0.10% | -1.94% | $5 482 634 823 |  |
|
| 15 |  SHIB |
SHIBA INU predictions | 66.8% | 66 | $0.000010 | -3.73% | -8.48% | $5 451 236 414 |  |
