Cryptocurrencies Price Prediction: Bitcoin, Dash & BitcoinCash – Asian Wrap 15 Jan
Bitcoin bullish outlook intact on touching $40,000 again, but Glassnode’s SOPR hints at healthy correction
Bitcoin boasts of a nearly 30% rebound after touching the major support at $30,000 early this week. Despite the massive liquidations in the futures market, which saw over $1.5 billion wiped off, BTC presented a strong bullish front, bringing down the seller congestion at $36,000 and $38,000.
Dash price on the verge of a collapse as indicator flashes several sell signals
It seems that it’s time for Dash to experience another pullback after a massive breakout in the past week. An indicator has just flashed a significant sell signal on the daily chart which could translate into a correction in the short-term.
BCH/BTC Price Analysis: Daily upside extension in the making
The bulls have stepped back into the ring, stopping the bears in their tracks following a swift and sharp downside correction. The following illustrates where the next daily swing-trading opportunity could come about following a break and retest of the 4-hour structure.
Author
FXStreet Team
FXStreet
