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 | 71.2% | 52 | $56 597.84 | 0.02% | -2.11% | $1 069 110 914 215 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 83.2% | 32 | $4 534.44 | 0.45% | 2.60% | $537 714 464 810 |  |
|
| 3 |  BNB |
Binance Coin predictions | 78% | 34 | $615.05 | -0.52% | -0.78% | $102 591 233 401 |  |
|
| 4 |  USDT |
Tether predictions | 94.8% | 1 | $0.999922 | -0.11% | -0.02% | $74 097 385 848 |  |
|
| 5 |  SOL |
Solana predictions | 72% | 59 | $229.99 | 1.84% | 12.37% | $70 293 229 055 |  |
|
| 6 |  ADA |
Cardano predictions | 65.6% | 75 | $1.68 | 9.21% | 2.23% | $55 845 098 060 |  |
|
| 7 |  XRP |
XRP predictions | 64.4% | 71 | $0.970687 | -0.09% | -5.74% | $45 862 358 765 |  |
|
| 8 |  USDC |
USD Coin predictions | 90.8% | 2 | $0.999273 | -0.16% | 0% | $39 029 760 115 |  |
|
| 9 |  DOT |
Polkadot predictions | 62.4% | 77 | $35.59 | 0.33% | -8.31% | $35 148 840 556 |  |
|
| 10 |  DOGE |
Dogecoin predictions | 60% | 80 | $0.208482 | 1.43% | -4.03% | $27 594 437 999 |  |
|
| 11 |  LUNA |
Terra predictions | 69.6% | 68 | $68.76 | 7.59% | 58.84% | $26 665 900 349 |  |
|
| 12 |  AVAX |
Avalanche predictions | 62.4% | 75 | $107.28 | -8.37% | -7.50% | $24 025 719 841 |  |
|
| 13 |  SHIB |
SHIBA INU predictions | 64% | 78 | $0.000041 | -3.40% | -1.27% | $22 608 519 815 |  |
|
| 14 |  CRO |
Crypto.com Chain predictions | 61.2% | 89 | $0.690511 | -3.01% | -9.31% | $17 444 393 551 |  |
|
| 15 |  MATIC |
Polygon predictions | 70.8% | 63 | $2.12 | 0.69% | 14.13% | $14 863 184 838 |  |
