Cryptocurrencies Price Prediction: Bitcoin, Dogecoin & Solana — Asian Wrap 20 September

FXStreet Team FXStreet

Bitcoin Price Prediction: A day trader’s delight

Bitcoin price has breached all of July and August liquidity levels. A bullish hammer is minutes away from printing while the RSI hovers back into bullish territory. Invalidation of the bullish counter-trend idea is a breach of the swing low at $18,250.

Dogecoin price could rally 30% in September, here's why

Dogecoin price could witness a profitable rebound in the coming days. Dogecoin price is worth keeping on your watchlist if you are an active day trader. On September 19, the notorious meme coin showed signals that could prompt a 30% rally in the short term.

Solana’s daily transactions exceed the Ethereum network’s in Q2

Solana price rose to proficiency in 2021 when it was ranked among the best-performing assets, but the series of crashes that followed left it in the weeds. However, over the last couple of months, Solana seems to have carved some attention for itself, which is visible in the on-chain performance of the asset.

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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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