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Cryptocurrencies Price Prediction: Bitcoin, Litecoin & Filecoin – American Wrap 9 February

Cryptocurrencies Price Prediction: Bitcoin, Litecoin & Filecoin – American Wrap 9 February
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Bitcoin price prepares for a spike in retail interest after institutional investors filled their BTC bags

After Tesla’s big announcement of a $1.5 billion purchase worth of Bitcoin and the possibility of accepting the digital asset as a payment option, the flagship cryptocurrency had a massive move to a new all-time high at $48,142 and aims for more. 

Litecoin Price Forecast: LTC aims for a 15% upswing as bulls hold the upper hand

Litecoin has been trading in a steady and robust uptrend since the beginning of 2021. It is now facing one crucial resistance level at $175 before its final breakout towards the psychological level at $200.

Filecoin Price Prediction: FIL poised for a pullback down to $28 before the next leg up

Filecoin had an amazing trading start back in October, reaching $100, but quickly plummeted down to $23 and never managed to fully recover. The digital asset has been on a tear recently, rallying to almost $34, but is currently facing a lot of selling pressure in the short-term and could see a pullback down to $28.

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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.

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Polygon extends rally as bull market discovers steady network growth

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Crypto Today: Bitcoin soars past $80K as Ethereum and XRP hold gains

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Bitcoin rally above $80,000 shows signs of overheating 

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Bitcoin: The US Treasury saves BTC

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