Cryptocurrencies Price Prediction: Bitcoin, Zcash & Crypto – European Wrap 27 February

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Bitcoin Weekly Forecast: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.

Zcash Price Forecast: ZEC flags downside risk as privacy demand wanes

Zcash (ZEC) trades near $240 at press time on Friday, remaining under downside pressure, which capped gains below $250 the previous day. The reduced demand for privacy coins in the broader cryptocurrency market flags further downside for Zcash. The technical outlook for Zcash remains bearish, putting focus on the $231 support floor.

Crypto Today: Bitcoin, Ethereum, XRP struggle to hold onto weekly gains amid cautious outlook

The broader cryptocurrency market shows signs of measured optimism, with leading coins stabilizing above key short-term support levels. Bitcoin (BTC) treads water around $67,000 at the time of writing on Friday, as investors appear to be turning cautiously bullish within the overall downtrend.

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Ripple extends losses as derivatives interest cools

Ripple (XRP) extends its bearish roll near $1.12 support on Friday, reflecting intense headwinds in the broader crypto market largely attributable to macroeconomic pressure.

Crypto Today: Bitcoin, Ethereum, XRP weaken further as capital outflows persist

Macroeconomic headwinds continue to weigh heavily on the cryptocurrency market on Friday, prompting major assets like Bitcoin (BTC) to pare earlier gains and extend losses after June’s brief relief rally.

Bitcoin Weekly Forecast: Recovery hopes fade after the Fed spoils the party

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

Sui risks a deeper bearish leg despite on-chain resilience

Sui is down 2% on Friday, extending its decline toward the recent support leg formed at $0.6618. The Total Value Locked in the Sui ecosystem has stabilized around 600 million SUI tokens, reflecting resilient user demand.

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.