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Cryptocurrencies Price Prediction: Ethereum, Cardano & Bitcoin – American Wrap 1 December

Bitcoin to blast off to $100,000 following Plan B’s Stock-to-Flow model

Plan B has reaffirmed Bitcoin price target of $100,000 in one standard deviation band in his Stock-to-Flow model. One of the largest asset managers, Fidelity Investments, plans to launch a spot Bitcoin ETF in Canada this week. Alex Krüger has placed the odds of Bitcoin hitting fresh all-time highs by the year-end at 17%, as headwinds increase. 

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Altcoins recover as BTC chops

Bitcoin price is making a short-term run for the $60,000 psychological level in an attempt to move higher. Ethereum price inches closer to retesting the all-time high at $4,880 after rallying 22% over the past five days. Ripple price looks to collect liquidity resting above the $1.1 resistance barrier.

Cardano price positioned for bullish reversal, with 100% gains in sight

Cardano price reversal in the cards due to critical Gann time cycle. Extended oversold conditions increase the likelihood of anticipated reversal. A return too, and above, the $3.00 value area is incoming. Cardano price action has been some of the most dismal and disappointing out of all the major cryptocurrencies. But Cardano’s fortunes are about to change.

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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: BTC drops below $68,000 as oversold signal fails to stop sellers
Bitcoin (BTC) extends its correction, falling more than 8% and hitting an intraday low of $67,568 on Friday. Despite oversold technical signals, selling pressure continues to intensify, with persistent Exchange Traded Funds (ETFs) outflows, leveraged liquidations and weakening risk appetite weighing on the Crypto King outlook.