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

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.

BTC/USDT 1-day chart

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.

BNB/USDT 4-hour chart
 

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.

MANA/USDT 1-day chart

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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.

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Cardano Price Forecast: Whale selling deepens ADA correction

Cardanoedges higher by nearly 2% on Friday, following a roughly 6% decline the previous day. The pullback aligns with the sell-side appeal among large-wallet investors, commonly referred to as whales, and Cardano derivatives. The technical outlook for ADA is bearish, with downside momentum persisting. Whales are losing their appetite for holding ADA tokens, fueling near-term selling pressure.

Bitcoin falls 4% as chip stocks plunge 6.7% and oil surges
Bitcoin (BTC) fell below $82,000 on Thursday as the crypto market joined a broader market sell-off driven by concerns over artificial intelligence (AI) spending, rising oil prices and escalating geopolitical tensions involving the US and Iran. The top crypto fell 4% to $81,130 as macro fears weighed on prices across the digital asset market.
Bitcoin: Macroeconomic headwinds, cooling demand cap BTC gains
Bitcoin (BTC) extends losses this week, trading below $82,500 as of Friday as selling pressure continues. Weakening institutional demand supports this pullback as BTC spot Exchange-Traded Funds (ETFs) are on track to record a two-week withdrawal streak, reaching $146.19 million in net outflows through Thursday.