Cryptocurrencies Price Prediction: Binance Coin, Dogecoin & Bitcoin — Asian Wrap 09 Feb
|Binance Coin presents buying opportunity before BNB price hits $500
Binance Coin price is facing some selling pressure today, possibly ending a five-day winning streak. Sellers stepped in when BNB was just shy of the $450 price level but have thus far been unable to push Binance Coin below the $400 level.
Dogecoin price to dodge a sell-off and target $0.250
Dogecoin price is coming off of some intense buying pressure that capped off prices levels not seen since January 17, 2022. As a result, a slight pause here should be expected as bulls and bears digest the recent rally. Some profit-taking after a big rally expected, downside risks limited.
Banking giant Wells Fargo is bullish on Bitcoin, says crypto adoption could explode
Wells Fargo believes crypto has risen from virtually zero, and adoption is poised for hitting a hyper-inflection point. The banking giant argues that Bitcoin is in a similar phase as the internet in the mid-to-late 90s. Multinational financial services giant Wells Fargo has a bullish outlook on crypto.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.