|

Cryptocurrencies Price Prediction: Bitcoin, ApeCoin and Terra – European Wrap 17 June

Bitcoin Weekly Forecast: Everything you need to know about BTC 200-week MA

Bitcoin price has gone through turbulent times over the last few months. From reaching a new all-time high to hitting yearly lows and revisiting levels since 2020, the crypto markets have been extremely volatile.

BTC/USD 2-week chart

ApeCoin price at a turning point, traders beware

ApeCoin price is trying to recover after a brutal sell-off below its listing price. This bounce could be key in pushing APE higher along with the many other altcoins that are in recovery mode.

 
APE/USDT 1-day chart

Terra’s LUNA 2.0 price shows a clear signal for the direction of its trend

Terra (LUNA) price action is starting to reveal its next playbook move and it could not be more clear-cut with the formation of a bearish triangle pattern. Expect to see pressure mounting further on the base, triggering a possible break to the downside. Given global headwinds are not set to fade anytime soon, expect to see further drops in price action towards possibly just a few cents from the initial offering price.

LUNA/USD daily chart

Author

FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

More from FXStreet Team
Share:

Editor's Picks

US Fed rate hike fears weigh on Bitcoin – TAO, ADA sustain gains

The broader cryptocurrency market maintains risk-off sentiment ahead of the US Federal Reserve interest rate decision on Wednesday. Bitcoin holds above $63,000 on Wednesday, while Bittensor and Cardano sustain gains from the previous day.

Bitcoin slips below support, Ethereum and XRP flash bearish signals

Bitcoin, Ethereum and Ripple remain under pressure on Wednesday after a mild correction earlier this week. BTC slips below a key support zone, and ETH is testing a key resistance zone. Meanwhile, XRP is drifting toward the psychologically important $1.00 support level.

Crypto hacks hit record high with 212 exploits in H1 2026
Crypto exploits hit a record high in H1 2026, with 212 incidents confirmed across several crypto projects, according to a Tuesday report from Blockaid. Average losses stood at $5.4 million, with a total of $1 billion in exploits in the first six months.
Bitcoin faces muted activity as BitMEX shutdown, FOMC uncertainty weigh on sentiment

Bitcoin eased below $64,000 on Tuesday as traders navigate exchange shutdowns and heightened uncertainty ahead of the Federal Reserve’s policy meeting, according to K33. In a report on Tuesday, K33 noted that BitMEX's decision to shut down marks the end of an important chapter for the crypto derivatives market.

Bitcoin: BTC holds firm, but the $100 Oil threat could change the game
Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.