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Cryptocurrencies Price Prediction: Bitcoin, Chainlink and TRON – European Wrap 4 November

Cryptocurrencies Price Prediction: Bitcoin, Chainlink and TRON – European Wrap 4 November
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto market retreats, Donald Trump claims victory

The cryptocurrency market is mainly in the red when the United States is conducting its 2020 presidential elections. Donald Trump claimed victory but the votes are still being counted in several swing states and the final results could be pending for hours, if not days or weeks. Read more...

BTC/USD price chart

Chainlink Price Analysis: LINK on the verge of the abyss, bears have $8.6 in mind

Chainlink (LINK), the 6th largest digital asset with the current market capitalization of $3.9 billion, has been losing ground since the weekend. The coin has lost nearly 13% in the last three days, and the downside momentum seems to be gaining traction on Wednesday. Read more...

Chainlink

TRON Technical Analysis: TRX breaks down from month-long consolidation, downside targets $0.021

TRON is in the middle of a retreat from a month-long consolidation between $0.025 (support) and $0.0275 (seller congestion zone). At the time of writing, this token is changing hands at $0.024 amid a building bearish momentum. The pessimistic scenario comes into action after TRON survived a malicious attack during a mainnet update earlier this week. Read more...

TRX/USD price 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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Why altcoin season isn't coming back — and what stole its capital

Why altcoin season isn't coming back — and what stole its capital

If, after two years of being frozen in ice, Katara and Sokka woke you up to the crypto market, it would seem like 100 years have passed. With Bitcoin soaring to record highs just over a year ago, everyone expected a routine altcoin season, where investors take profits from the top crypto to chase higher returns in altcoins.

Bitcoin Weekly Forecast: BTC shrugs off CLARITY Act setback and hawkish Fed

Bitcoin Weekly Forecast: BTC shrugs off CLARITY Act setback and hawkish Fed

Bitcoin recovers, trading above $78,000 on Friday, but the 50-week SMA near $78,760 continues to cap its upside. A hawkish Fed outlook, escalating Middle East tensions, and the CLARITY Act's failure to advance in the US Senate could limit BTC upside.

Why Bitcoin's over 30% rebound doesn't mean the bear market cycle is done

Why Bitcoin's over 30% rebound doesn't mean the bear market cycle is done

BTC has staged a strong recovery after falling to a yearly low of $57,800 in July, gaining nearly 33% and recording two consecutive months of gains in July and August. Is this the start of a new bullish phase, or simply another recovery within a broader bear-market cycle?

Crypto Today: Bitcoin, Ethereum, XRP eye short-term breakout as bulls return

Crypto Today: Bitcoin, Ethereum, XRP eye short-term breakout as bulls return

Bitcoin trades higher near $78,000 on Friday as bulls return after early-week macro uncertainty and regulatory headwinds. Ethereum aligns with the broader crypto market’s neutral-to-bullish outlook, holding support above $2,400 and gaining momentum for a short-term breakout at $2,500.

Bitcoin: BTC shrugs off CLARITY Act setback and hawkish Fed

Bitcoin: BTC shrugs off CLARITY Act setback and hawkish Fed

Bitcoin (BTC) price action has remained resilient this week, trading above $78,000 at the time of writing on Friday, heading toward a key resistance zone. Institutional demand shows early signs of weakness, with spot Exchange Traded Funds (ETFs) on track for a second straight week of outflows, with over $420 million recorded through Thursday amid escalating Middle East tensions.