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Cryptocurrencies Price Prediction: Bitcoin, Worldcoin & Chainlink — Asian Wrap 05 April

Cryptocurrencies Price Prediction: Bitcoin, Worldcoin & Chainlink — Asian Wrap 05 April
FXStreet TeamFXStreet TeamFXStreet

Bitcoin price eyes $69K as supply shortages on exchanges drive banks to pursue BTC miners

Bitcoin (BTC) price has found strength, though pending confirmation, coming after reports that large banks are not letting supply shortages on exchages deter them from buying BTC. 

Worldcoin Price Prediction: WLD holds $5.30 in hopes for a good reversal

Worldcoin (WLD) price has recorded a steady series of lower highs on the weekly timeframe, although not enough to negate the predominant trend, which is still bullish.  With the broader market still clinging to positive sentiment, the AI crypto coin’s upward potential remains viable.

Chainlink Price Prediction: LINK coils up for a 25% drop

Chainlink (LINK) price has consolidated within a range for the past two months amid a prolonged altcoin lull as Bitcoin (BTC) price bullish momentum stalled. With reducing trading volumes, volatility increased, causing LINK price to fluctuate.

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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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Bitcoin Weekly Forecast: BTC retreats as macro headwinds grow

Bitcoin Weekly Forecast: BTC retreats as macro headwinds grow

Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.
XRP falls toward key support as macro uncertainty, weak momentum cap recovery

XRP falls toward key support as macro uncertainty, weak momentum cap recovery

Ripple (XRP) falls below $1.33 on Friday, marking the third consecutive day of declines. The token continues to track the broader cryptocurrency market downturn, with investors closely monitoring heightened macroeconomic uncertainty ahead of the United States (US) Consumer Price Index (CPI) release and next week’s Federal Reserve (Fed) monetary policy decision.
Crypto Today: Bitcoin, Ethereum, XRP stabilize at lower levels amid ETF outflows and macroeconomic risks

Crypto Today: Bitcoin, Ethereum, XRP stabilize at lower levels amid ETF outflows and macroeconomic risks

The broader cryptocurrency market is rising on Friday, with Bitcoin (BTC) trading above $77,000 after testing lower support near $76,500. Ethereum (ETH) shows signs of stability, hovering above the support provided at $2,400 despite capped upside at $2,500. Meanwhile, Ripple (XRP) holds above $1.33 after three straight days of declines, reflecting growing headwinds due to macroeconomic uncertainty.
Bitcoin pulls back as another golden cross fails to deliver

Bitcoin pulls back as another golden cross fails to deliver

Earlier this week, Bitcoin formed a golden cross, a technical signal that occurs when the price’s 50-day moving average rises above the 200-day moving average and is conventionally viewed as a precursor to a bullish rally. Historically, however, that’s often not been the case.
Bitcoin: BTC retreats as macro headwinds grow

Bitcoin: BTC retreats as macro headwinds grow

Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.