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Cryptocurrencies Price Prediction: Bitcoin, Litecoin, and Celcius – European Wrap 5 October

Bitcoin Price Analysis: BTC to start rolling into the abyss if $10,400 gives way

Bitcoin (BTC) recovered from the recent drop below $10,400 during the previous week and settled at $10,670 by the time of writing. The flagship cryptocurrency has been struggling to break the tight range since the end of September after a sharp recovery from the recent low of $10,135 on September 23. Read More ...

BTC/USD

Litecoin Price Analysis: MimbleWimble launch to push LTC outside the range

David Burkett, the creator of the privacy-focused cryptocurrency Grin, has been working on the Litecoin's MimbleWimble project since October 2019, when the Litecoin Foundation published two Litecoin Improvement Proposals that implied MimbleWimble integration to make transactions with LTC more anonymous. Read more ...


LTC/USD

Celsius Technical Analysis: CEL bullish case unstoppable, targeting $2

Celsius has arguably been the best-performing digital asset in the last week. Its growth has been very consistent from the beginning of September when the token exchanged roughly at $0.4. At the time of writing, CEL is trading at $1.42, following the 9.4% in gains accrued over 24 hours. Besides, the token has made it into the top 50 and has a market cap of $341 million. Read more ...

CEL/USD price chart

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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.

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Bitcoin Weekly Forecast: BTC retreats as macro headwinds grow
Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.
XRP falls toward key support as macro uncertainty, weak momentum cap recovery
Ripple (XRP) falls below $1.33 on Friday, marking the third consecutive day of declines. The token continues to track the broader cryptocurrency market downturn, with investors closely monitoring heightened macroeconomic uncertainty ahead of the United States (US) Consumer Price Index (CPI) release and next week’s Federal Reserve (Fed) monetary policy decision.
Crypto Today: Bitcoin, Ethereum, XRP stabilize at lower levels amid ETF outflows and macroeconomic risks
The broader cryptocurrency market is rising on Friday, with Bitcoin (BTC) trading above $77,000 after testing lower support near $76,500. Ethereum (ETH) shows signs of stability, hovering above the support provided at $2,400 despite capped upside at $2,500. Meanwhile, Ripple (XRP) holds above $1.33 after three straight days of declines, reflecting growing headwinds due to macroeconomic uncertainty.
Bitcoin pulls back as another golden cross fails to deliver
Earlier this week, Bitcoin formed a golden cross, a technical signal that occurs when the price’s 50-day moving average rises above the 200-day moving average and is conventionally viewed as a precursor to a bullish rally. Historically, however, that’s often not been the case.
Bitcoin: BTC retreats as macro headwinds grow
Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.