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 | 78.4% | 44 | $17 040.34 | 0.41% | 2.78% | $327 586 470 004 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 73.6% | 50 | $1 260.53 | -0.98% | 3.56% | $154 256 163 552 |  |
|
| 3 |  USDT |
Tether predictions | 91.6% | 1 | $1.000124 | 0% | 0.06% | $65 504 319 153 |  |
|
| 4 |  BNB |
Binance Coin predictions | 70.8% | 54 | $289.97 | -0.63% | -7.48% | $46 385 823 540 |  |
|
| 5 |  USDC |
USD Coin predictions | 96% | 1 | $0.999990 | 0% | -0.03% | $43 353 608 508 |  |
|
| 6 |  BUSD |
Binance USD predictions | 94% | 1 | $1.000358 | 0.01% | 0.02% | $22 160 103 167 |  |
|
| 7 |  XRP |
XRP predictions | 76.4% | 43 | $0.389957 | -1.28% | -3.61% | $19 599 418 956 |  |
|
| 8 |  DOGE |
Dogecoin predictions | 63.2% | 79 | $0.103566 | 1.66% | 0.32% | $13 740 217 249 |  |
|
| 9 |  ADA |
Cardano predictions | 65.2% | 68 | $0.322204 | -0.95% | 1.15% | $11 099 881 951 |  |
|
| 10 |  STETH |
Lido stETH predictions | 91.6% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 11 |  MATIC |
Polygon predictions | 68.4% | 69 | $0.915591 | -0.97% | 6.03% | $7 997 059 840 |  |
|
| 12 |  DOT |
Polkadot predictions | 71.2% | 56 | $5.55 | -0.28% | 2.46% | $6 329 445 734 |  |
|
| 13 |  DAI |
Dai predictions | 94% | 1 | $0.999962 | 0.01% | -0.03% | $5 686 900 189 |  |
|
| 14 |  LTC |
Litecoin predictions | 62.4% | 77 | $76.47 | -0.24% | -0.18% | $5 487 345 950 |  |
|
| 15 |  WTRX |
Wrapped TRON predictions | 76.4% | 50 | $0.053457 | -1.20% | -0.35% | $5 435 339 856 |  |
