Cryptocurrencies Price Prediction: Bitcoin, Avalanche & Flow — Asian Wrap 13 February


Share:

Bitcoin price hits $50,000 as Wall Street buys BTC en masse

Bitcoin (BTC) price revisited the late 2021 highs on Monday, a move that passes as a milestone to the BTC community. It comes ahead of  the halving event, and therefore sates the pace for what could kickstart the next bull cycle in the cryptocurrency market. 

Avalanche price could reclaim $50.00 with AVAX Durango upgrade on Fuji testnet

Avalanche (AVAX) price is trading with a bullish bias, nurturing a recovery rally after a strong correction that started on the eve of Christmas, December 24. As altcoins take to a revival recourse, the cryptocurrency could extend the climb to fill its current market range.

Flow Price Prediction: FLOW coils up before 55% rally

Flow (FLOW) price has been consolidating for nearly 300 days below a critical hurdle. During its sideways movement, FLOW has formed a bullish pattern that awaits a swift move to the upside.


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. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Join Telegram

Follow us on Telegram

Stay updated of all the news

Join Telegram

Recommended content


Follow us on Telegram

Stay updated of all the news

Join Telegram

Recommended Content

Editors’ Picks

Bitcoin price outlook as MicroStrategy buys 3,000 BTC just 52 days before halving

Bitcoin price outlook as MicroStrategy buys 3,000 BTC just 52 days before halving

Bitcoin (BTC) price continues to ride on the exchange-traded funds (ETF) theme, as markets count the days to the halving, 52 days out (just about seven to eight) weeks). Meanwhile, Microstrategy has taken advantage of the current lull in the market to grow its BTC portfolio with yet another volumnous purchase for the second time in the month. 

More Bitcoin News

Pepe Price Prediction: PEPE is an outlier with over 15% gains as meme coins post single-digit surges

Pepe Price Prediction: PEPE is an outlier with over 15% gains as meme coins post single-digit surges

Pepe coin (PEPE) price is trading with a strong bullish bias, outperforming the meme coin top four, including Dogecoin (DOGE), Shiba Inu (SHIB), and Bonk Inu (BONK), which are up by single digits. Meme coins appear to be rallying after the Bitcoin price showed strength.

More Cryptocurrencies News

BTC ETF AUM could surpass Gold, expert says, amid enthusiasm for new investment funds

BTC ETF AUM could surpass Gold, expert says, amid enthusiasm for new investment funds

In a landmark decision on January 10, the US Securities & Exchange Commission (SEC) approved multiple spot Bitcoin exchange-traded funds (ETFs) in a single go. Almost seven weeks down the line, the theme continues to drive the cryptocurrency market, giving investors the train to ride on as markets prepare for the BTC halving in 52 days.

More BTC News

Cardano price notes further decline, report reveals ADA ecosystem is plagued with dead coins

Cardano price notes further decline, report reveals ADA ecosystem is plagued with dead coins

Cardano price continued its decline on Monday. ADA price dropped nearly 3% in the past 24 hours. In a recent report by Alpha Quest, the protocol ranks in the top 10 blockchains that host dead coins. 

More Cardano news

Bitcoin: BTC likely to correct to $50,000 soon

Bitcoin: BTC likely to correct to $50,000 soon

Bitcoin price has formed a potential top signal that forecasts a sell-off. The weekly chart also points to a bearish divergence, which adds credence to the bearish outlook. Investors can expect BTC to consolidate between the $52,062 to $45,160 levels.

Read full analysis

BTC

ETH

XRP