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Cryptocurrencies Price Prediction: Bitcoin, IOTA and NEO – European Wrap 6 November

Bitcoin Price Analysis: BTC enters danger zone as investors grow “extremely greedy”

Bitcoin (BTC) broke above the psychological barrier of $15,000 and stopped within a whisker of $16,000 during early Asian hours on Friday. The pioneer digital currency hit the highest level since January 2018. Bitcoin's average daily trading volume settled at $75 billion, while its market share increased to 65.5%, which is the highest level since June. On a day-to-day basis, the coin gained nearly 10%, while the weekly gains amounted to 19%. Read more...

BTC/USD

IOTA Price Analysis: IOT on the cusp of remarkable bull run

IOTA is nurturing an uptrend from a recently established support at $0.23. Before the anchor, the token was rejected from the crucial resistance at $0.3. Bullish efforts to keep it above the support at $0.26 went down the drain as bears swung into action, taking control over the price. However, recovery appears to be brewing amid rising buying pressure. Read more...

IOT/USD price chart

NEO Technical Analysis: NEO liftoff to $20 seems imminent

NEO resumed the uptrend after the downtrend lost momentum at $14. An ongoing recovery has already pulled the cryptoasset to $15. If buy orders continue to increase, NEO is likely to climb to levels above $20. For now, bulls are in the cockpit with the throttle in their hands, ready for takeoff. Read more...

NEO/USD price chart

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BNB Price Forecast: BNB slips below $855 as bearish on-chain signals and momentum indicators turn negative

BNB, formerly known as Binance Coin, continues to trade down around $855 at the time of writing on Tuesday, after a slight decline the previous day. Bearish sentiment further strengthens as BNB’s on-chain and derivatives data show rising retail activity.

Top Crypto Losers: Aster, Midnight, and Ethena extend losses as selling pressure mounts

Aster, Midnight, and Ethena are the altcoins with the most losses over the last 24 hours, as the broader cryptocurrency market weakens amid Bitcoin dropping below $86,000. ASTER, NIGHT, and ENA risk further losses as selling pressure mounts and risk-off sentiment spreads across the crypto market.

Ethereum Price Forecast: BitMine acquires 102,259 ETH as price plunges 5%

Ethereum (ETH) treasury company BitMine Immersion scaled up its digital asset stash last week after acquiring 102,259 ETH since its last update. The purchase has increased the company's holdings to 3.96 million ETH, worth about $11.82 billion at the time of publication.

Strategy scoops about $1 billion in Bitcoin for second consecutive week

Bitcoin (BTC) treasury and financial intelligence firm Strategy expanded its holdings following another round of weekly accumulation.

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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.