🚀 Buckle up, folks! It’s time to dive into the wild world of cryptocurrency. 🤯
Key points:
Bitcoin is having a minor identity crisis near $123,000 – will it consolidate or correct? 🤔
Altcoins are breaking free from their resistance levels, signaling a potential new uptrend. 🚀
Bitcoin (BTC) started the week strong, but higher levels are seeing some profit booking. Don’t worry, bulls are trying to keep the price above $120,000. 💪
Bitcoin exchange-traded funds saw back-to-back inflows of over $1 billion on Thursday and Friday. That’s like a big ol’ vote of confidence in the rally. 🤑
Michael Saylor’s Strategy is back in the game, buying 4,225 BTC at an average price of $111,827. That’s like a big ol’ shopping spree. 🛍️
BTC’s dominance of the total crypto market capitalization rose above 66% but has since retreated below 65%. That’s like a big ol’ game of musical chairs – who’s in, who’s out? 🎶
Historically, an altseason starts after BTC’s dominance reverses after hitting 70%. So, will we see an altcoin rally? 🤔
Let’s analyze the charts of the top 10 cryptocurrencies to find out. 📊
S&P 500 Index price prediction
The S&P 500 Index (SPX) is holding steady above 6,147. That’s like a big ol’ anchor, keeping things stable. ⚓️
If the price turns up from the current level, it’s like a big ol’ thumbs up for the uptrend. 👍
US Dollar Index price prediction
The US Dollar Index (DXY) rose above the 20-day exponential moving average (97.77) on Friday. That’s like a big ol’ sigh of relief. 😌
The index could extend the relief rally to the 50-day SMA (98.83). That’s like a big ol’ target to aim for. 🎯
Bitcoin price prediction
Bitcoin rallied to a new all-time high of $123,218 on Monday, but the bulls couldn’t sustain the higher levels. That’s like a big ol’ “oops.” 😳
The overbought level on the relative strength index (RSI) suggests the BTC/USDT pair may enter a minor correction or consolidation. That’s like a big ol’ “slow down.” 🚨
Ether price prediction
The long wick on Ether’s (ETH) candlestick on Monday shows that the bears are active at higher levels. That’s like a big ol’ “oh no.” 😨
The first support on the downside is $2,879. That’s like a big ol’ safety net. 🌟
XRP price prediction
XRP (XRP) skyrocketed above the $2.65 overhead resistance on Friday. That’s like a big ol’ “woo-hoo!” 🎉
The bears tried to pull the price back below $2.65 on Saturday, but the bulls held their ground. That’s like a big ol’ “nope.” 😂
BNB price prediction
BNB (BNB) rose above the $698 resistance on Monday, but the long wick on the candlestick shows selling at higher levels. That’s like a big ol’ “hmm.” 🤔
The upsloping 20-day EMA ($669) and the RSI near the overbought zone indicate that buyers are in command. That’s like a big ol’ “yes!” 🎉
Solana price prediction
Solana (SOL) completed a bullish inverse H&S pattern on a close above $159 on Thursday. That’s like a big ol’ “yay!” 🎊
There is minor resistance at $168, but if the level is crossed, the SOL/USDT pair could reach $185. That’s like a big ol’ target to aim for. 🎯
Dogecoin price prediction
Dogecoin (DOGE) is facing resistance at $0.21, but a positive sign is that the bulls have not ceded ground to the bears. That’s like a big ol’ “good job!” 👍
The upsloping 20-day EMA ($0.18) and the RSI near the overbought zone indicate the path of least resistance is to the upside. That’s like a big ol’ “woo-hoo!” 🎉
Cardano price prediction
Sellers tried to halt Cardano’s (ADA) up move at the downtrend line, but the buyers bulldozed their way through. That’s like a big ol’ “nope.” 😂
The close above the downtrend line on Sunday invalidates the bearish descending triangle pattern. That’s like a big ol’ “yay!” 🎊
Hyperliquid price prediction
Hyperliquid (HYPE) surged above the $45.80 overhead resistance on Friday, signaling the resumption of the uptrend. That’s like a big ol’ “woo-hoo!” 🎉
The HYPE/USDT pair has reached the psychologically critical level of $50, where the sellers are expected to mount a strong defense. That’s like a big ol’ “oh no.” 😨
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2025-07-14 20:52