Financiers: BTC could hit $50,000
The momentum of pressure on the crypto market was due to the decline in stock indices, as the Fed gave signals of tightening policy. Technical factors also contributed to the negative dynamics - the inability to overcome the strong resistance of the 100-day moving average and mid-February highs around $45,000.
Real Vision CEO Raul Pal believes that the dynamics of bitcoin against the backdrop of foreign political tensions in the world signals the onset of a bullish trend. According to Nigel Green, CEO of deVere Group, one of the world's leading independent financial institutions, BTC could reach $50,000 by the end of March. Billionaire investor Bill Miller said that the Russian authorities can use BTC as a reserve currency.
Earlier, the US authorities called on crypto exchanges to prevent Russia from circumventing sanctions. Meanwhile, the Bank of Russia did not begin to soften its attitude towards bitcoin against the backdrop of sanctions and still advocates a complete ban on the circulation and mining of cryptocurrencies.
Bitcoin is developing a correction, losing 4.5% over the past day to $41.4K. Methodical pressure on the first cryptocurrency was formed on Wednesday evening after a short break above $45K. Ethereum fell by 6.2%, other leading altcoins from the top ten sank from 2.8% (BNB) to 7.8% (Solana).
The total capitalization of the crypto market, according to CoinMarketCap, decreased by 3.7% over the day, to $1.83 trillion. The Bitcoin Dominance Index sank 0.2 points to 42.9%. The Bitcoin Fear and Greed Index dropped another 6 points to 33 - fear.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 84.4% | 23 | $19 492.38 | 3.02% | 1.40% | $373 547 234 360 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 65.6% | 71 | $1 338.79 | 3.52% | 2.44% | $164 103 624 964 |  |
|
| 3 |  USDT |
Tether predictions | 95.6% | 1 | $1.000061 | 0.01% | 0% | $67 960 325 658 |  |
|
| 4 |  USDC |
USD Coin predictions | 91.2% | 1 | $1.000088 | -0.01% | -0.01% | $48 695 235 719 |  |
|
| 5 |  BNB |
Binance Coin predictions | 85.6% | 15 | $281.44 | 3.33% | 4.36% | $45 407 391 607 |  |
|
| 6 |  XRP |
XRP predictions | 62% | 83 | $0.440922 | 3.20% | 1.84% | $22 002 284 001 |  |
|
| 7 |  BUSD |
Binance USD predictions | 93.6% | 1 | $1.000190 | -0.03% | 0% | $21 046 224 693 |  |
|
| 8 |  ADA |
Cardano predictions | 81.2% | 35 | $0.435330 | 0.82% | -4.64% | $14 905 748 941 |  |
|
| 9 |  SOL |
Solana predictions | 79.2% | 31 | $33.83 | 4.40% | 4.59% | $12 003 126 308 |  |
|
| 10 |  STETH |
Lido stETH predictions | 92.8% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 11 |  DOGE |
Dogecoin predictions | 87.6% | 16 | $0.060467 | 1.11% | 1.89% | $8 022 208 600 |  |
|
| 12 |  DOT |
Polkadot predictions | 70.8% | 55 | $6.46 | 2.15% | -0.13% | $7 238 678 326 |  |
|
| 13 |  DAI |
Dai predictions | 92% | 1 | $0.999277 | -0.05% | -0.10% | $6 859 611 215 |  |
|
| 14 |  MATIC |
Polygon predictions | 69.2% | 62 | $0.747117 | 2.20% | -0.86% | $6 525 557 909 |  |
|
| 15 |  WTRX |
Wrapped TRON predictions | 93.2% | 5 | $0.060060 | 2.14% | 0.60% | $6 106 652 098 |  |
