If you have come here, I would like to tell you with an experience that Bitcoin will not go up to your expectations (+$20K), and the price prediction here will be true and best.
In this feature, I will be giving analysis for 5 Top Coins, viz BTC, ETH, XRP, LTC, BCH for short term price prediction. Tired of seeing posts for Bitcoin touching 100K.
You can always let me know in the comments what are your favorite coins and I will give you honest and only real price predictions. I will be doing this more often, so let's not waste time.
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1. Bitcoin (BTC) Price Technical Analysis
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Bitcoin did manage to push a little extra to the 13,000$ territory, which is going to trick many individuals for the long opportunity from here.
BTC will be going to see a major meltdown to the downside regions of 9000$ and even wick fish to the 8000$ region one last time before blasting to the 16000$ region (Plus / Minus 5% variation can be there for 2–3 months)
2. Ethereum (ETH) Technical Analysis
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Ethereum slowly made a higher low on the weekly time frame and did reach to our first profit taking region of 420$ and rejected that region very well.
Aligning with the BTC analysis, ETH will also see a major meltdown to the 200$ in the coming months. (Plus / Minus 5% variation can be there for 2–3 months)
3. Ripple (XRP) Technical Analysis
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Ripple XRP is still acting as an undervalued cryptocurrency among the other currencies as it is still moving under 27 cents region.
On the intraday perspective, XRP will likely to see a push towards 28–30 cents, and then XRP will drop towards the sub 20 cents region.(Plus / Minus 5% variation can be there for 2–3 months)
4. Litecoin (LTC) Technical Analysis
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Litecoin LTC, long-awaited blast to the upside regions of 58–60$ region commenced successfully past week and did manage to close within those boundaries.
I believe LTC will see the dropdown to around 30$ from here before going to the 70–80$ region. (Plus / Minus 5% variation can be there for 2–3 months)
5. Bitcoin Cash (BCH) Technical Analysis
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Bitcoin Cash BCH is still holding pretty well the zone support floor region from the past few weeks now, and it’s almost time when are likely to see a breakdown to the sub 200$ region when BTC hit the 9000$ support floor.
Pro Tip: Dollar Cost Average your holdings at each drop during these times in the market, that way you are maximizing your profits when the market rises to the peak.
- The above analysis will change as per the market conditions. Investment is subject to market risks”
Also Read — https://www.coindesk.com/number-of-bitcoin-whale-addresses-at-highest-since-fall-2016