Cryptocurrencies Price Prediction: Bitcoin, Litecoin & Filecoin – American Wrap 9 February
|Bitcoin price prepares for a spike in retail interest after institutional investors filled their BTC bags
After Tesla’s big announcement of a $1.5 billion purchase worth of Bitcoin and the possibility of accepting the digital asset as a payment option, the flagship cryptocurrency had a massive move to a new all-time high at $48,142 and aims for more.
Litecoin Price Forecast: LTC aims for a 15% upswing as bulls hold the upper hand
Litecoin has been trading in a steady and robust uptrend since the beginning of 2021. It is now facing one crucial resistance level at $175 before its final breakout towards the psychological level at $200.
Filecoin Price Prediction: FIL poised for a pullback down to $28 before the next leg up
Filecoin had an amazing trading start back in October, reaching $100, but quickly plummeted down to $23 and never managed to fully recover. The digital asset has been on a tear recently, rallying to almost $34, but is currently facing a lot of selling pressure in the short-term and could see a pullback down to $28.
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