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Cryptocurrencies price prediction: Bitcoin & Dash - Asian Wrap 27 Jan

Cryptocurrencies price prediction: Bitcoin & Dash - Asian Wrap 27 Jan
FXStreet TeamFXStreet TeamFXStreet

BTC/USD falling wedge pattern breakout brushes shoulders with $8,700

After spending most of the weekend in the range between $8,200 and $8,400. Bitcoin is pushing the gains above $8,500. The bearish pressure encountered last week found a formidable balance above $8,200. The return above $8,400 was very to the ongoing action.

Dash Market Update: DASH/USD triangle breakout action shifts focus to $120

Dash is the most bullish cryptocurrency on Monday during the Asian session. The bullish wave emanates from the weekend action that saw the price forcefully rise above the confines of a falling triangle pattern. Dash also jumped above the simple moving averages, encouraging the bulls to increase the entries, pulling Dash above $110 and $115, respectively.

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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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Trump urges Senate to pass CLARITY Act as crypto bill nears crucial vote

Trump urges Senate to pass CLARITY Act as crypto bill nears crucial vote

US President Donald Trump on Monday urged the US Senate to swiftly pass the Digital Asset Market Clarity Act, following the death of Senator Lindsey Graham, who passed away unexpectedly over the weekend at age 71. "In honor of Senator Lindsey Graham, a big supporter, the US Senate should pass the CLARITY Act," Trump wrote in a Truth Social post.

Ripple and Stellar outlook: XRP and XLM face deeper correction risks

Ripple and Stellar outlook: XRP and XLM face deeper correction risks

Ripple and Stellar remain under pressure, extending their correction amid broader risk-off conditions following US-Iran tensions. XRP slips below $1.070, while XLM hovers near the critical support at $0.177; both altcoins suggest deeper correction amid geopolitical risks and a deteriorating technical outlook.

Crypto Market Overview: Bitcoin holds at $62,000 – Pi Network, Worldcoin lead losses

Crypto Market Overview: Bitcoin holds at $62,000 – Pi Network, Worldcoin lead losses

The broader cryptocurrency market risk-off sentiment builds as US President Donald Trump formally declares war with Iran to the US Congress. Bitcoin holds at $62,000 while Pi Network (PI) and Worldcoin (WLD) are leading losses over the last 24 hours.

Bitcoin holds near $62K ahead of key macroeconomic reports

Bitcoin holds near $62K ahead of key macroeconomic reports

Bitcoin traded near $62,000 on Monday, holding onto recent gains as investors adopted little conviction ahead of key macroeconomic reports this week. In a report on Monday, QCP analysts highlighted that Tuesday's US Consumer Price Index (CPI) data could be the first major catalyst to decide the market's direction.
Bitcoin: Strategy sells, the market doesn’t care

Bitcoin: Strategy sells, the market doesn’t care

Bitcoin (BTC) reclaims $64,000 on Friday, extending a modest recovery while holding firmly above the key technical support zone so far this week. Mixed spot Exchange Traded Funds (ETFs) flows through Thursday reflect cautious institutional positioning. Meanwhile, traders have digested headlines about Strategy’s recent Bitcoin sale, highlighting the Crypto King’s resilience and deep liquidity.