|

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

Author

More from FXStreet Team
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is.  Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).

Sberbank issues Russia's first corporate loan backed by Bitcoin

Russia's largest bank Sberbank launched the country's first Bitcoin-backed corporate loan to miner Intelion Data. The pilot deal uses cryptocurrency as collateral through Sberbank's proprietary Rutoken custody solution.

Bitcoin recovers to $87,000 as retail optimism offsets steady ETF outflows

Bitcoin (BTC) trades above $88,000 at press time on Tuesday, following a rejection at $90,000 the previous day. Institutional support remains mixed amid steady outflow from US spot BTC Exchange Traded Funds (ETFs) and Strategy Inc.’s acquisition of 1,229 BTC last week.

Traders split over whether lighter’s LIT clears $3 billion FDV after launch

Lighter’s LIT token has not yet begun open trading, but the market has already drawn a sharp line around its valuation after Tuesday's airdrop.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

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.