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Cryptocurrencies Price Prediction: Bitcoin, Bitcoin Cash & Cardano – European Wrap 18 May

Bitcoin Price Analysis: BTC/USD bulls need a time-out before another assault at $10,000

Bitcoin regained ground after a sharp sell-off below $9,400 on Monday, which is a positive signal. At the time of writing, BTC/USD is changing hands at $9,650, mostly unchanged both on a day-to-day basis and since the beginning of Monday. 

Bitcoin Cash Price Analysis: BCH/USD soars 4% to test $255 resistance

Bitcoin regained ground after a sharp sell-off below $9,400 on Monday, which is a positive signal. At the time of writing, BTC/USD is changing hands at $9,650, mostly unchanged both on a day-to-day basis and since the beginning of Monday. 

BTC/USD

Cardano Price Analysis: ADA/USD may retreat to $0.0450 before another bullish wave

Cardano (ADA) hit the intraday high of $0.0548 during early Asian hours and retreated to $0.0537 by press time. Despite the sell-off, the coin is still nearly 6% higher from this time on Sunday. It takes the 12th place in the global cryptocurrency rating with the current market capitalization of $1.4 billion and an average daily trading volume of $154 million.

ADA/USD

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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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Bitcoin: Uptober or Rektober?
Bitcoin (BTC) price is down over 4% so far this week, trading below $83,000 at the time of writing on Friday as mounting selling pressure threatens to derail the seasonal “Uptober” rally. Profit-taking, a surge in long liquidations and weakening demand from institutional investors are weighing on BTC.