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Cryptocurrencies Price Prediction: Bitcoin, Polygon & Crypto.com — Asian Wrap 04 Jan

Cryptocurrencies Price Prediction: Bitcoin, Polygon & Crypto.com — Asian Wrap 04 Jan
FXStreet TeamFXStreet TeamFXStreet

Bitcoin price is at make or break point as whale activity hit a peak over the weekend

Bitcoin traders pushed the asset’s price higher before the end of 2021 through large wallet investor activity on Coinbase. Analysts have predicted a drop in Bitcoin price and a retest of support at $41,000. Analysts have predict a retest of $41,000, as there is thick volume support at this level. 

MATIC develops major bearish breakout pattern that could revisit $1.75

MATIC price action has recently generated significant warning signs regarding how much higher it can move over the short term. The past seven days have seen testing the upper trendline of a broader rising wedge pattern that has existed since September 2021.

Crypto.com token remains constricted, indecision may push CRO to retest $0.40

Crypto.com price action had been one of the biggest surprises of 2021. Substantially bullish technical and fundamental events propelled CRO into a major leader in the cryptocurrency space. Traders now await a clear direction for price action as Crypto.com price consolidates.

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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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XRP extends decline as CLARITY Act setback reinforces bearish outlook

XRP extends decline as CLARITY Act setback reinforces bearish outlook

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Crypto Today: Bitcoin, Ethereum, XRP face headwinds as Fed decision looms

Crypto Today: Bitcoin, Ethereum, XRP face headwinds as Fed decision looms

Cryptocurrency prices are broadly retreating on Wednesday, with Bitcoin holding near $75,000. Ethereum holds below the support-turned-resistance at $2,400 while remaining structurally resilient. Meanwhile, Ripple is trading lethargically below $1.30.

Circle launches Arc mainnet with Wall Street validators as CLARITY Act stalls

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Bitcoin weakens as CLARITY Act fails to advance ahead of Fed decision

Bitcoin weakens as CLARITY Act fails to advance ahead of Fed decision

Bitcoin remains under pressure, trading below $76,000 at the time of writing on Wednesday after falling over 3% the previous day and as the CLARITY Act failed to advance in the US Senate. Mixed institutional demand suggests caution amid heightened Middle East tensions.

Bitcoin: BTC retreats as macro headwinds grow

Bitcoin: BTC retreats as macro headwinds grow

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