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Cryptocurrencies Price Prediction: Bitcoin, Near Protocol & Ondo — Asian Wrap 04 April

Bitcoin price extends retreat from $69K threshold as BTC bulls wait for safer entry

Bitcoin (BTC) price directional bias is on the balance as it sits atop a critical support for the second day in a row. The pioneer cryptocurrency reacted to the speech of Federal Reserve chair Jerome Powell with an abysmal move that lasted only briefly before falling back to its initial lull.   
 

Near Protocol price poised for a strong rally if history rhymes

Near Protocol (NEAR) price has broken above two critical roadblocks over the past year. After the first breakout, which happened around December, the AI crypto coin retested the blockade as part of a confirmation of the breakout.
 

Ondo price could soar to $1 if ONDO retakes this support-resistance

Ondo (ONDO) price continues to show weakness, aligning with broader market sentiment as altcoins take their cues from Bitcoin (BTC). The altcoin has managed to trade within a range, clinging to a crucial level as it repelled further to the downside.
 
 

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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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Experts agree: Bitcoin nears bottom, but weak demand raises doubts

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Pi Network Price Forecast: Bulls attempt comeback as bearish strength fades

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Experts agree: Bitcoin nears bottom, but weak demand raises doubts
Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.
Cryptocurrencies Price Prediction: Bitcoin, Near Protocol & Ondo — Asian Wrap 04 April