Cryptocurrencies Price Prediction: Bitcoin, TRON and Ethereum – European Wrap 20 October

FXStreet Team FXStreet

Bitcoin Weekly Forecast: Can BTC rally before the next Fed meeting?

Bitcoin price seems to be reacting extremely well to the Fed’s decision to raise interest rates. A part of this connection can be attributed to the high correlation with the stock market. Additionally, high-impact macroeconomic news which affects the traditional markets is also having a noticeable impact on BTC.

TRON Price Prediction: TRX buyers hold off the bears but not for long

TRON price is in a multi-year pattern with serious bearish implications. This pessimistic outlook, however, is not written in stone and could change if buyers come in at the right time.

Ethereum price action grinds lower as bearish triangle remains in play

Ethereum price action barely slipped 2% on Wednesday as the weekly performance of the second biggest cryptocurrency turned negative. Tail risks inflated quite rapidly on the back of turmoil in the UK government whilst its economy flirted with collapse. A campaign of massive continuous bombings by Russia in Ukraine didn’t help either. With these elements still highlighted the mood remains risk-off, triggering a cash exodus out of cryptocurrencies.

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FXStreet Team

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Crypto Overview: Bitcoin stabilizes above $65,000, as Zcash and Worldcoin lead broader recovery

Bitcoin shows signs of recovery, trading above $65,000 on Monday, as the broader crypto market rebounds, fueled by improving sentiment following the United States (US) and Iran's confirmation of a preliminary peace agreement.

Crypto Today: Bitcoin, Ethereum, XRP recovery gathers strength as US-Iran reach peace agreement

Cryptocurrency prices remain broadly elevated on Monday, led by Bitcoin’s upswing toward $66,000. Altcoins, including Ethereum and Ripple, mirror Bitcoin’s momentum, trading above $1,700 and $1.18.

Bitcoin extends rebound as US and Iran reach framework deal to end the war

Bitcoin steadies above $65,700 at the time of writing on Monday, after recovering nearly 4% in the previous week. BTC recovery was boosted following Sunday’s news that the US and Iran have reached a preliminary peace deal, lifting the risk appetite.

Pi Network Price Forecast: Launchpad upgrades, fading bearish pressure lift recovery prospects

Pi Network (PI) began the week on a positive note, trading above $0.1340 on Monday after posting a mild recovery and closing above a key resistance in the previous week.

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.