Cryptocurrencies Price Prediction: Bitcoin, Solana & Crypto – European Wrap 16 October

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Bitcoin: Max pain zone tapped – Bear trap or breakdown?

Bitcoin has just revisited the $110K zone, tapping into the max pain area for longs. This comes only weeks after the massive liquidation cascade sparked by Trump’s tariff announcement, which wiped out more than $4.2 billion in leveraged positions — the largest crypto washout of the year.

Solana Price Forecast: SOL eyes region above $200 as crypto market attempts recovery

Solana (SOL) is trading above $195 at the time of writing on Thursday, indicating that sentiment in the broader cryptocurrency market may be shifting positively.

Crypto majors, including Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP), are edging higher, hinting at restored risk-on sentiment. The largest cryptocurrency by market capitalization, BTC, is back above the $111,000 level after a short-lived dip below $110,000. Ethereum (ETH) shows signs of extending its up leg above the short-term $4,100 resistance.

Crypto Today: Bitcoin, Ethereum, XRP downside risks escalate as traders reduce exposure

Bitcoin (BTC) is declining for the third consecutive day, trading around $110,500 at the time of writing on Thursday. The drawdown follows the largest deleveraging event in the history of the cryptocurrency industry on Friday, which continues to drag sentiment in the broader crypto ecosystem down.

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FXStreet Team

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Dogecoin tests a key make-or-break point amid waning retail support

Dogecoin trades below $0.08000 maintaining a steady decline for the seventh straight week, with a 4% drop the previous day. The meme coin is losing its retail strength as DOGE futures Open Interest drops 10% in 24 hours, while institutional demand remains muted with zero inflows so far this week.

Meta CEO Zuckerberg directs development of standalone prediction markets app 'Arena'

Mark Zuckerberg has directed a small team at Meta to develop a new smartphone app focused on prediction markets, according to a Tuesday report by the New York Times. The experimental project, internally known as Arena, would allow users to forecast outcomes across sports, politics, entertainment and current events.

Top 3 Price Prediction: BTC under pressure, ETH loses key support, XRP momentum weakens

Bitcoin, Ethereum, and Ripple remain under pressure on Wednesday after falling slightly the previous day. BTC trades below $63,000, ETH slips below $1,700, while XRP momentum continues to weaken. The deteriorating price action in these top three cryptocurrencies suggests a potential continuation of the near-term correction.

Crypto Market Overview: Bitcoin loses $63,000 amid tech sell-off – WLD, VVV tokens lead losses

Bitcoin (BTC) edges below $63,000 at press time on Wednesday, amid a global sell-off of tech stocks, including AI and chip stocks. The broader crypto market recorded $550 million in total liquidations, primarily driven by long liquidations, suggesting sell-side dominance, with Worldcoin (WLD) and Venice Token (VVV) leading losses.

Bitcoin: Recovery hopes fade after the Fed spoils the party

Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.