|

Cryptocurrencies Price Prediction: Bitcoin, Ethereum, & Bitcoin Cash – Asian Wrap 22 Jun

Bitcoin Price Forecast: BTC/USD prepares for lift-off; eyes remain on $10,000

Bitcoin price spent the entire weekend session in consolidation mainly supported above $9,200 while the upside limited under $9,400. The Asian session on Monday has been characterized by increased buying activities, however, it is still not enough to push Bitcoin to $10,000.

Ethereum Price Prediction: ETH/USD explodes past trendline resistance aiming for $240

Ethereum is arguably the best performing digital asset among the major cryptocurrencies. It has opened the new week’s trading with impressive gains above the descending trendline as well as $230. Bitcoin and Ripple are slightly in the green.

Bitcoin Cash Price Analysis: BCH/USD climbs above $235, are the bulls back?

Bitcoin Cash bulls are making a comeback after a weekend session characterized sideways trading due to low activity. The Asian session on Monday started on a different note with Bitcoin Cash extending the price action above $230.

Author

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.

More from FXStreet Team
Share:

Editor's Picks

XRP ticks up as risk-off mood, weak ETF demand cap recovery

Ripple (XRP) rebounds above $1.23 from support at $1.20 at the time of writing on Wednesday, as the broader cryptocurrency market pares losses triggered by escalating tensions in the Middle East.

Crypto Today: Bitcoin, Ethereum pare losses as XRP rebounds amid escalating tensions in the Middle East

The cryptocurrency market remains largely under pressure on Wednesday amid escalating tensions in the Middle East. After plunging from its May high of $82,823, Bitcoin (BTC) is showing signs of stabilization, consolidating above the key $67,000 support level.

Bitcoin takes a breather above $65,000 amid swelling institutional pressure

Bitcoin hovers above $67,000 as of Wednesday, taking a breather after over 6% loss the previous day. Whales are reducing their BTC holdings, likely influenced by the 12-day streak of ETF outflows.

Ondo extends gains, defying the broader market crash

ONDO extends gains on Wednesday, after rising 9% the previous day. Early access to Ondo Perps, offering 24/7 perpetual futures on US stocks, ETFs, and commodities, fuels the recovery.

Billions in ETF outflows don’t bode well
Bitcoin (BTC) remains under pressure, trading below $74,000 on Friday, and is set to post its third consecutive week of losses. The institutional sell-off continues, with spot BTC Exchange-Traded funds (ETFs) recording billions in outflows. In addition, sticky inflation and macroeconomic headwinds suppress the Crypto King’s upside potential. Institutional demand continues to weaken so far this week.