Cryptocurrencies Price Prediction: Bitcoin, Dogecoin & Chainlink — Asian Wrap 22 March

FXStreet Team FXStreet

Bitcoin Price Outlook: Will Inaugural Investor Day send BTC to new all-time high?

Bitcoin (BTC) price could record volatility as investors come together on Friday in New York to discuss the future of BTC. Speculation, sentiment and optimism inspired by the event could bode well for the pioneer cryptocurrency, as explained below.

Dogecoin Price Prediction: DOGE coils up for 30% breakout

Dogecoin (DOGE) price has recorded heightened volatility this month, amid soaring correlation with Bitcoin. As the pioneer cryptocurrency navigated FOMO, capital flows due to the spot ETF market and recently the Fed meeting, DOGE price fluctuated by association.

Chainlink Price Prediction: LINK prepares for breakout, eyes $20 after successful retest

Chainlink (LINK) price dropped nearly 30% since it peaked at $22.86 on March 11. The steep pullback made it so that the altcoin was able to collect sell-side liquidity residing below the $16.86 support level.

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Avalanche struggles near $12 as Grayscale files updated form for ETF

Avalanche trades close to $12 by press time on Wednesday, extending the nearly 2% drop from the previous day. Grayscale filed an updated form to convert its Avalanche-focused Trust into an ETF with the US Securities and Exchange Commission.

Bitcoin slips below $87,000 as ETF outflows intensify, whale participation declines

Bitcoin price continues to trade around $86,770 on Wednesday, after failing to break above the $90,000 resistance. US-listed spot ETFs record an outflow of $188.64 million on Tuesday, marking the fourth consecutive day of withdrawals.

Michael Selig assumes role as new CFTC Chair, what does this mean for crypto?

Michael Selig has been sworn in to serve as the 16th Chairman of the Commodity Futures Trading Commission. Selig was confirmed by the US Senate to head the commission last week, following his October nomination by the US President Donald Trump.

Crypto.com hires sports trader for event prediction market-making

Crypto.com plans to recruit a quant trader for the sports market-making team to buy and sell financial contracts related to these events. Opponents argue that internal trading desks put operators or their affiliates on the opposite side of customer trades.

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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.

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