Bitcoin
BTC$27 716.54

-1.82%

Ethereum
ETH$1 755.09

-2.51%

Tether
USDT$1.002644

0.08%

Binance Coin
BNB$324.28

-4.30%

USD Coin
USDC$0.999666

0.09%

XRP
XRP$0.430223

-7.21%

Pressure on BTC at the $21500 level


15 Feb 2023

#Bitcoin

Yesterday, the price of Bitcoin fell below the $21,500 level at one point but quickly recovered above that level. Ethereum dropped to $1460 yesterday for the first time in a month. Yesterday, the price of Bitcoin fell below the $21,500 level at one point but quickly recovered above that level. A positive consolidation and recovery followed this to the $21,850 level. We are now at $21,810 and are holding on to positive territory, expecting a continued recovery to the $22,000 level.

A breakout above would be of great help to us for easier trend determination. If we were to stay above, we would have a chance to start the continuation of the recovery with the next impulse. Potential higher targets are $22250 and $22500 levels. We need a break below the $21500 level for a bearish option. Then we need to stay down there and start the continuation of the price drop. Potential lower targets are $21250 and $21000 levels.

Ethereum analysis

Ethereum dropped to $1460 yesterday for the first time in a month. After that, we see a bullish consolidation and a return above the $1500 level. Today’s high was at $1520, and we now need to hold above the $1500 level to position ourselves for a better potential recovery. Potential higher targets are the $1525 and $1550 levels.

We need a negative consolidation and a new drop below the $1460 level for a bearish option. This would form a new lower low and strengthen the bearish option. Potential lower targets are $1450 and $1425 levels.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 72% 51 $27 716.54 -1.82% 12.55% $535 636 495 855 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 78.4% 34 $1 755.09 -2.51% 5.91% $214 776 666 177 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 96% 1 $1.002644 0.08% -0.01% $77 641 115 939 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 74% 47 $324.28 -4.30% 2.71% $51 200 109 142 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 90.8% 2 $0.999666 0.09% 0.01% $34 710 233 106 USDC 7 days price change
6 XRP (XRP) XRP XRP predictions 85.6% 17 $0.430223 -7.21% 17.82% $21 920 232 563 XRP 7 days price change
7 HEX (HEX) HEX HEX predictions 63.2% 82 $0.122471 17.07% 52.82% $21 237 782 043 HEX 7 days price change
8 Cardano (ADA) ADA Cardano predictions 78% 44 $0.363953 -4.28% 12.00% $12 636 148 693 ADA 7 days price change
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11 Polygon (MATIC) MATIC Polygon predictions 76.4% 51 $1.12 -3.14% -0.40% $9 779 730 336 MATIC 7 days price change
12 Solana (SOL) SOL Solana predictions 74.8% 54 $21.61 -3.84% 11.54% $8 292 848 408 SOL 7 days price change
13 Binance USD (BUSD) BUSD Binance USD predictions 93.6% 1 $0.999732 -0.05% -0.05% $8 061 861 044 BUSD 7 days price change
14 Polkadot (DOT) DOT Polkadot predictions 72.8% 50 $6.15 -3.06% 3.23% $7 193 674 767 DOT 7 days price change
15 Litecoin (LTC) LTC Litecoin predictions 70.4% 58 $87.97 7.97% 12.03% $6 381 945 113 LTC 7 days price change

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