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Cryptocurrencies Price Prediction: Bitcoin, Polygon and Solana – European Wrap 29 October

Bitcoin Weekly Forecast: BTC to hit point of max pain before breaking out to $100,000

Bitcoin price is hovering just above $60,000 after a brief dip below it on October 27. Despite the recent respite, things look grim for BTC if it cannot stay above the psychological barrier.

BTC/USDT 1-day chart

MATIC price triggers 150% ascent as Polygon positions itself for the best scaling solution

MATIC price has breached a crucial resistance barrier and is hovering above it. This recent uptick in buying pressure has triggered a massive bull run for the Layer 2 token. Therefore, investors can expect Polygon to continue its journey.

MATIC/USDT 1-day chart

Solana price could nearly double once SOL bulls can shatter this barrier

Solana price rose from October 20 to October 25, setting up two new higher highs. The buying pressure failed to sustain SOL, however, leading to a correction and a lower low. While the altcoin is trying to recover, a failure to do so could result in a steep correction.

SOL/USDT 12-hour chart

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