Cryptocurrencies Price Prediction: Polygon, Chainlink & Bitcoin – American Wrap 03 September


Bitcoin Weekly Forecast: BTC struggles with $50,000, but few mainstream investors remain doubtful

Bitcoin price has been in a choppy phase since its first attempt to breach $50,000 on August 23 failed. The subsequent attempts seem to briefly slice through this barrier but fail to sustain above it.

Analysts believe Polygon entered new bull run that pushes MATIC price to $2.56

As transaction fees on Ethereum continue to rise, layer-two scaling solution Polygon(MATIC) has become increasingly relevant. MATIC’s relative social and market activity has increased since Coinbase’s integration announcement. 

Chainlink VRF integration to allow NFT airdrops, while LINK price eyes 100% advance

Chainlink price has been in a consolidative phase while the rest of its counterparts have already rallied higher and some even set up new all-time highs. However, the recent breakout has opened the path for a bullish explosive uptrend to originate.

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Bank of America bullish comments on metaverse push Axie Infinity and Sandbox closer to breakout

Bank of America's strategist made bullish remarks about the metaverse, triggering a spike in interest in Axie Infinity and Sandbox tokens. The rices of the two metaverse tokens continue climbing with increased interest from investors. 

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Polkadot price ready to breakout after DOT forms double bottom

Polkadot price began turning around and moving higher on November 28. It is currently resting on support after a brief pull-back, with the potential for using this floor as a launchpad higher. A resumption of the bullish impulse will provide fresh confirmation for the new uptrend.

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Bitcoin Weekly Forecast: The bull and the bear case for BTC

Bitcoin price saw a recent bullish impulse that faced massive headwinds before it tagged a crucial psychological barrier. With directional bias and choppy price action, BTC is likely to experience massive volatility as the situation resolves over time. 

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Berkshire Hathaway’s Charlie Munger wants US to ban cryptos like China

Charlie Munger considers cryptocurrencies bad for people and backs China on its cryptocurrency ban.In his previous interviews, Munger has shed light on the concept of “speculative excess” and “asymmetry of wealth.” 

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