Cryptocurrencies Price Prediction: Bitcoin, Binance Coin and Decentraland – European Wrap 11 February

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Bitcoin Weekly Forecast: BTC to confirm bullish outlook under one condition

Bitcoin price is at an inflection point of its recent uptrend and is likely to reverse and establish a directional bias. If BTC sets a higher low, there is a good chance the rally will continue; else, investors can expect a steep correction.

Binance Coin price to grow by 20% as BNB consolidation nears an end

Binance Coin price is looking to shatter a blockade that has prevented it from moving higher since December 2021. As BNB coils up under this hurdle, a breakout seems like the most plausible outcome.

Decentraland Price Prediction: MANA ready for a quick 20% run-up

Decentraland price has broken free from its extended downtrend and is currently on a recovery rally. The recent U-turn in January shows that the momentum is strong and is likely to extend the run-up.

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FXStreet Team

FXStreet

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Crypto Today: Bitcoin, Ethereum, XRP pull back amid persistent ETF outflows

The cryptocurrency market is experiencing widespread weakness on Monday, with Bitcoin sliding under the $63,000 mark amid ongoing risk aversion. Major altcoins, including Ethereum and Ripple, are following suit.

NEAR Protocol Price Forecast: NEAR loses steam near key resistance, raising downside risks

NEAR Protocol faces weakness on Monday, reversing from a key overhead trendline near $2.00. Retail demand is easing, with NEAR futures Open Interest and funding rates waning, which sparked the previous week’s rebound.

Bitcoin faces rejection at $64,000 amid persistent ETF outflows

Bitcoin is struggling below $64,000 on Monday after recovering more than 6% over the previous week. Institutional selling continued, with spot ETFs recording net outflows of over $520 million last week, marking the eighth consecutive week of withdrawals.

Pi Network: Steady decline risks a record low despite easing market drag

PI price edges below $0.1150 on Monday, extending its losses for the third straight day. Data shows an intense bearish bias among traders holding short-sided positions, reflecting weak retail support despite easing downside pressure across the crypto market.

Bitcoin: Quarter-end rebalancing might fuel BTC next bullish move

Bitcoin (BTC) is up over 3% so far this week, trading above $61,800 at the time of writing on Friday after slipping to a 21-month low earlier this week. Institutional selling continued, with spot Exchange Traded Funds (ETFs) recording net outflows of over $520 million through Thursday, pointing to the eighth consecutive week of withdrawals.