Cryptocurrencies Price Prediction: Bitcoin, BNB & Chiliz – European Wrap 13 January
|Bitcoin Price Forecast: BTC extends gains amid fresh ETF inflows, Strategy boosts accumulation
Bitcoin (BTC) is trading above $92,000 at the time of writing on Tuesday, after rebounding from a previously broken horizontal channel pattern. Institutional demand strengthened as spot BTC Exchange-Traded Funds (ETFs) recorded fresh inflows, while Strategy added 13,627 BTC to its reserve on Monday. However, traders should remain cautious, as the US Consumer Price Index (CPI) data release on Tuesday could reshape the Federal Reserve (Fed) interest rate decision and inject fresh volatility in BTC.
Institutional demand started the week on a positive note. SoSoValue data show that Bitcoin spot ETFs recorded a mild inflow of $116.67 million on Monday, breaking a four-day streak of outflows since last week. If these inflows continue and intensify, BTC could extend its ongoing price recovery.
BNB Price Forecast: On the verge of breakout as derivatives traders bet on gains
BNB (BNB), formerly known as Binance Coin, is trading above $910 at the time of writing on Tuesday, nearing the upper consolidation boundary. The two months of sideways price action could end, with improving sentiment in the derivatives market suggesting potential upside. On the technical side, a confirmed breakout could open the door for a rally toward the $1,064 target.
CoinGlass’ data show that futures OI in BNB at exchanges surged to $1.50 billion on Tuesday, up from $1.30 billion on December 31, the highest level since early December. An increasing OI indicates new or additional money entering the market and increased buying, which could fuel a breakout in BNB's price.
Chiliz Price Forecast: CHZ extends rally above $0.054 despite on-chain overheating signals
Chiliz (CHZ) trades 8% higher at $0.054 on Tuesday, continuing its rally since mid-December. The new launches and developments, such as Fan Token and Locker Room, boosted CHZ demand among investors, pushing its market capitalization to over $550 million. Despite this ongoing rally, traders should be cautious as on-chain data suggests warning signs that could cap further upside.
Chiliz continues to expand its Fan Token lineup ahead of the 2026 FIFA World Cup. The CHZ X account posted on Tuesday that Socios has signed a new national football team to launch a Fan Token, following launches for Argentina, Portugal, and Italy, marking the fourth national team. Moreover, engagement within the “Locker Room” remains strong, further strengthening the Chiliz ecosystem.
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.