Cryptocurrencies Price Prediction: Bitcoin, Chainlink & Sui — Asian Wrap 02 February
|Bitcoin Weekly Forecast: BTC price remains indecisive despite strong fundamentals
Bitcoin (BTC) price shows no signs of directional bias in the short term as it trades around $43,000. But the on-chain metrics reveal a clear bullish signal that could potentially kick-start the bull run.
Chainlink surges to two-year high after dormant coins change hands
Chainlink (LINK) price has risen by more than 17% on Friday, reaching its highest level since January 2021, partly fuelled by sudden movements of long-held coins. Momentum indicators suggest that Chainlink’s upward trend is strong and may continue if positive sentiment is maintained.
Sui price volatility increases with $53 million worth of SUI tokens due to hit markets
Sui (SUI) price is down a fraction with heightened volatility as holders prepare for 34.62 million SUI tokens worth $53.31 million to hit the market as part of community early access program.
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.