Cryptocurrencies Price Prediction: Bitcoin, Binance Coin and Decentraland – European Wrap 18 February

FXStreet Team FXStreet

Bitcoin Weekly Forecast: BTC revisits crucial support before exploding to $60,000

Bitcoin price is currently retracing after failing to pierce through a thick resistance barrier. Going forward, investors can expect the pullback to bounce off a significant support level confluence and give the uptrend another go.

Binance Coin price eyes retest of $475 as BNB bulls comeback

Binance Coin price has been on a steady downtrend after failing to set up a higher high. This downswing is currently stabilizing around a support level as BNB prepares for a new attempt.

Decentraland price to revisit $4 as MANA approaches a launch pad

Decentraland price has been on a downswing for the past two days and is currently attempting to make a U-turn. There is a good chance MANA will slide lower before triggering a quick run-up.

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XRP and XLM outlook: Mild recovery attempts emerge amid mixed market signals

Ripple and Stellar show mild signs of recovery on Thursday after extending losses earlier this week. XRP is holding above the $1.10 level as bearish momentum begins to fade, while XLM has bounced modestly from a key support zone.

Crypto Overview: Bitcoin consolidates above $60,000 – CRV, WLFI, XMR lead gains

The broader cryptocurrency market maintains risk-off sentiment as Bitcoin lingers above $62,000. The mild recovery in BTC fails to lift the Fear and Greed Index, which at 15 continues to signal extreme fear among investors. Still certain altcoins, Curve DAO, World Liberty Financial, and Monero, have emerged as top performers over the last 24 hours.

Bitcoin faces further downside risk amid growing short-term holder losses, weak ETF demand

Bitcoin's recent decline toward the $60,000 level has pushed the market further into bearish territory, with new investors suffering huge unrealized losses, according to a Glassnode report on Wednesday. The firm noted that Bitcoin's earlier May rally now appears increasingly as a "bear bounce".

CFTC proposes framework to review terrorism, war, assassination-related contracts on prediction markets

The Commodity Futures Trading Commission (CFTC) on Wednesday proposed amendments to Regulation 40.11, seeking to establish a formal framework for reviewing prediction market contracts. The proposed framework targets contracts linked to terrorism, assassination, war, gaming, or conduct that is unlawful under federal or state law.

Bitcoin: After the bloodbath, everyone looks at $60,000

Bitcoin (BTC) hovers above $62,000 at the time of writing on Friday, weighed down by growing risk-off sentiment due to persistent geopolitical tensions in the Middle East and sticky macroeconomic uncertainty. The institutional sell-off continued to wreak havoc on capital flows, with spot Bitcoin Exchange-Traded Funds (ETFs) recording billions in outflows.

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