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Cryptocurrencies Price Prediction: Bitcoin, Chainlink & Cryptos – American Wrap 18 February

Bitcoin edges down but remains rangebound; Is a breakout coming?

Bitcoin eases below 96k and continues consolidating between 94k and 98k, a familiar range within which it has traded for the past two weeks.  

Chainlink (LINK) price fails another $20 breakout test as BTC stagnation drains market momentum

Chainlink (LINK) price has plunged 6% in the last 24 hours hitting $17.8 as bulls failed another attempt to breach the $20 resistance. On-chain data trends suggest steady whale demand could keep LINK price above the $17 local bottom formed in the near term. 

Chainlink (LINK) Price Action | Source: TradingView

Why Solana, XRP, Dogecoin and BNB are crashing?

Solana (SOL), XRP, Dogecoin (DOGE) and Binance Coin (BNB) decline on Tuesday. Top altcoins ranked by market capitalization are in a downward trend, even though Bitcoin (BTC) continues to consolidate around the $95,000 level. 

Dogecoin on-chain analysis
 

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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.