Cryptocurrencies price prediction: Bitcoin, Bitcoin Gold & Dash - Asian Wrap 15 Jan


Bitcoin Price Prediction: BTC/USD has a clear path back to the $9,000 zone

BTC/USD has had a bearish start to this Wednesday after an exceptionally bullish Tuesday, wherein the price jumped from $8,107 to $8,815. Presently, the price has dropped to $8,730.50, but the daily confluence detector shows a complete lack of strong resistance levels on the upside. In other words, if the bulls regain their momentum, they will push the price above the $9,000-level. 

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Bitcoin Gold Price Analysis: BTG/USD smashes through obstacles as the $20 level beckons

Bitcoin Gold is the perfect example of the phrase ‘from the ashes we rise.' The cryptocurrency has almost tripled its value at the beginning of January. The majority of the gains took place on Tuesday as the crypto market roared above key resistance levels.

 

Dash Price Analysis: DASH/USD breaks past $100-barrier for the first time since September 2019

DASH/USD spiked from $89 to $122 in the early hours of Wednesday. These six consecutive bullish days have taken the price above the $100 psychological level for the first time since September 2019. Two indicators show that the asset is currently overpriced - DASH/USD hovering above the 20-day Bollinger Band and the Relative Strength Index (RSI) trending around 90, deep within the overbought zone.

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Bitcoin is at risk of a major sell-off after halving

Bitcoin (BTC) has been rising sharply since the beginning of the week. The first digital coin managed to clear the psychological barrier of $9,000 and hit the intraday high of $9,148.

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Bitcoin Cash on the verge of disaster due to proposed tax on miners

Bitcoin Cash, now the fourth-largest digital asset with the current market value of $6.6 billion has gained over 2.5% since this time on Monday.

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ETH needs another catalyst to continue gains

Ethereum (ETH) has been gaining ground for three days in a row. The coin hit an intraday high at $173.58, but retreated to $172.16 by the time of writing.

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ADA/USD bulls set their eyes on SMA50 weekly

Cardano (ADA) is the tenth-largest digital asset with the current market value of $1.3 billion. The coin has been one of the best-perfroming assets with over 15% of gains in recent 24 hours.

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BEST CRYPTO BROKERS/EXCHANGES

Bitcoin Weekly Forecast: Bitcoin bulls and bear fight gets a tougher edge

The cryptocurrency market started the downside correction after a strong rally initiated by risk reversal play at the beginning of January and reinforced by various altcoin pumps...

Read the weekly forecast

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