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Cryptocurrencies Price Prediction: Bitcoin, Cryptos & Shiba Inu – American Wrap 16 January

Bitcoin options traders predict massive surge in BTC price in the first half of 2023

Bitcoin, the largest cryptocurrency by market capitalization witnessed a spike in demand for bullish calls tied to the asset. BTC price topped its 200-day moving average for the first time since April 2021 fueling a bullish narrative among options traders. 

Bitcoin Skew maturity

The crypto market remains elevated after an incredible first leg up. Now a pause in price action is giving traders time to consider if they want to go on the offensive or remain sidelined.

tm/eth/1/15/22
Shiba Inu, the second largest meme coin in the crypto ecosystem, dropped details of the upcoming launch of layer-2 scaling solution Shibarium. Three Shiba Inu ecosystem tokens: SHIB, BONE and LEASH will derive utility from the scaling solution.
SHIB/USDT price chart

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