Cryptocurrencies Price Prediction: Bitcoin, Altcoins & Crypto

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Bitcoin (BTC) extends correction on Wednesday and hovers around $61,000 after finding resistance near the $64,000 level on Monday.

Bitcoin price declines as German government transfers, miners' selling pressure resumes Bitcoin extends correction on Wednesday and hovers around $61,000 after finding resistance near the $64,000 level on Monday. Recent on-chain data indicates heightened selling activity from Bitcoin miners early in the week. Meanwhile, U.S. spot Bitcoin ETFs experienced minor outflows on Tuesday, coinciding with the German Government transferring an additional 832.

Three reasons why altcoins could shake off losses this week On-chain data from Santiment shows that altcoins are currently in the opportunity zone, or generating buy signals. The top three altcoins in the buy zone are Basic Attention Token , Chromia , and Highstreet , per Santiment. Crypto stays under pressure The pressure on the crypto has been more sustained than on the stocks. Over the past 24 hours, the total crypto cap has fallen by 2.

 

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