Cryptocurrencies price prediction: Bitcoin, Bitcoin Cash & Ethereum – European Wrap – 1 April

FXStreet Team FXStreet

Bitcoin Price Prediction: BTC/USD monthly close above $6,400 flashes rally signs targeting $10,000 – Confluence Detector

Bitcoin price crash in March could very well be the worst since the ‘crypto bubble burst” when Bitcoin retreated from all-time highs around $20,000. BTC/USD, however, has been in an upward trajectory from the lows traded in March around $3,864. There have been a couple of attempts to break above $7,000 but both of these times, BTC/USD has dropped to test the support at $6,000.

Bitcoin Cash Price Prediction: Triangle pattern breakout hints BCH/USD rally beyond $250

Bitcoin Cash price if dealing with increased selling activity on Wednesday just like the other major cryptocurrencies. BCH/USD is down 1.33% on the day while the price hovers above the initial short term support at $214. Bitcoin Cash has tried to overthrow the seller congestion at $220 but hit a wall at $219.74. An intraday low at $214 marked the end of the rabbit hole exploration, at least for now.

Ethereum Price Analysis: ETH/USD locked in a range; short-term recovery capped by $134.40

ETH/USD is changing hands at $132.00, mostly unchanged both on a day-to-day basis and since the beginning of Wednesday. The second-largest digital asset has been moving within a short-term bearish trend amid high volatility.

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Avalanche struggles near $12 as Grayscale files updated form for ETF

Avalanche trades close to $12 by press time on Wednesday, extending the nearly 2% drop from the previous day. Grayscale filed an updated form to convert its Avalanche-focused Trust into an ETF with the US Securities and Exchange Commission.

Bitcoin slips below $87,000 as ETF outflows intensify, whale participation declines

Bitcoin price continues to trade around $86,770 on Wednesday, after failing to break above the $90,000 resistance. US-listed spot ETFs record an outflow of $188.64 million on Tuesday, marking the fourth consecutive day of withdrawals.

Michael Selig assumes role as new CFTC Chair, what does this mean for crypto?

Michael Selig has been sworn in to serve as the 16th Chairman of the Commodity Futures Trading Commission. Selig was confirmed by the US Senate to head the commission last week, following his October nomination by the US President Donald Trump.

Crypto.com hires sports trader for event prediction market-making

Crypto.com plans to recruit a quant trader for the sports market-making team to buy and sell financial contracts related to these events. Opponents argue that internal trading desks put operators or their affiliates on the opposite side of customer trades.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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