Bitcoin
BTC$17 136.61

1.72%

Ethereum
ETH$1 287.40

1.81%

Tether
USDT$1.000057

0.01%

Binance Coin
BNB$296.09

-1.06%

USD Coin
USDC$1.000083

0.01%

Binance USD
BUSD$1.000274

0%

The buy-the-dip pattern has temporarily supported stocks and crypto


21 Dec 2021

#Bitcoin

Cryptocurrency market capitalisation rose 3.7% in the last 24 hours, again reaching $2.24 trillion, with almost the entire top 100 coins in green over the past 24 hours. The Cryptocurrency Fear and Greed Index has added 2 points to 27. This is still a "fear level", but the general dynamic over the past few hours suggests that investors are opting to buy with the expectation of a further bounce from these levels.

Bitcoin and Ether have added around 4% in the past 24 hours, managing to move back above the signal levels. BTCUSD is trading above the 200-day average again, while ETHUSD has surpassed $4000.

If we went deeper into the reasons, the rise of the two largest cryptocurrencies was helped by the performance of stock indices, which received support from buyers yesterday, indicating continued demand for risky assets and a desire to buy on downturns.

Despite this morning’s positivity, it is worth noting that the optimism looks somewhat fragile and has little explanation for the fundamentals. Under such conditions, the situation could turn abruptly in a matter of hours, so a fix above $4000 for Ether and $48000 for bitcoin today should be considered a more reliable signal.


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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 65.2% 75 $17 136.61 1.72% 3.61% $329 394 279 866 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 67.6% 73 $1 287.40 1.81% 7.74% $157 543 939 698 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 92% 1 $1.000057 0.01% 0.07% $65 366 394 946 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 66.8% 64 $296.09 -1.06% -0.76% $47 365 898 356 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 96% 1 $1.000083 0.01% -0.01% $43 257 030 320 USDC 7 days price change
6 Binance USD (BUSD) BUSD Binance USD predictions 92.4% 1 $1.000274 0% -0.03% $22 221 457 711 BUSD 7 days price change
7 XRP (XRP) XRP XRP predictions 73.6% 57 $0.402238 0.59% 6.10% $20 228 573 518 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 59.2% 87 $0.104596 -0.37% 29.10% $13 876 834 543 DOGE 7 days price change
9 Cardano (ADA) ADA Cardano predictions 64.4% 74 $0.318176 1.16% 1.52% $10 960 116 359 ADA 7 days price change
10 Lido stETH (STETH) STETH Lido stETH predictions 94.4% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
11 Polygon (MATIC) MATIC Polygon predictions 64.8% 73 $0.925891 6.60% 9.08% $8 087 029 117 MATIC 7 days price change
12 Polkadot (DOT) DOT Polkadot predictions 66.4% 66 $5.40 0.29% 0.77% $6 163 240 357 DOT 7 days price change
13 Dai (DAI) DAI Dai predictions 95.6% 1 $0.999871 0.01% -0.01% $5 657 536 504 DAI 7 days price change
14 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 70.4% 63 $0.054728 1.69% 5.13% $5 564 483 633 WTRX 7 days price change
15 Litecoin (LTC) LTC Litecoin predictions 62.8% 78 $77.28 -0.94% -0.04% $5 543 421 217 LTC 7 days price change

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