Cryptocurrencies found some support last week as stocks rallied and USD sold off. However, we again see USD index turning higher since Friday, and if this will resume then cryptos will have hard time to recover. However, we see the room on Bitcoin up to 20500 area, a potential resistance. At the same time I am also looking at Bitcoin market cap which continues to consolidate within wave four and we know that if this one breaks lower, the altcoins may follow. However, that's a weekly chart which for now may not impact the intraday bulls but its good to keep one eye on big picture.
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Bitcoin Weekly Forecast: BTC bloodbath continues, near 30% down from its ATH
Bitcoin price extends its decline and trades below $80,000 at the time of writing on Friday, falling over 15% so far this week. This price correction wiped $660 billion of market capitalization from the overall crypto market and saw $3.68 billion in total liquidations this week.
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Cardano poised for double-digit drop amid market weakness
Cardano price is extending its decline by nearly 7%, trading around $0.60 on Friday after falling 23% this week. Santiment data support this decline as ADA daily active addresses are falling, and the technical outlook indicates a continued correction, with ADA potentially facing an additional double-digit decline.
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XRP short-term holders dominate sell-off as whales buy the dip
XRP short-term holders dominated the selling activity during the recent market crash. XRP whales have been accumulating more tokens during the crash, adding over $1 billion worth of tokens. XRP could bounce off the lower boundary of a descending channel if it fails to hold the $1.96 support level.
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Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC, ETH and XRP continue to sell off
Bitcoin (BTC) price continues declining on Friday after falling more than 15% this week. Ethereum (ETH) and Ripple (XRP) followed BTC’s footsteps and declined by nearly 24% and 21%, respectively.

Bitcoin: BTC bloodbath continues, near 30% down from its ATH
Bitcoin (BTC) price extends its decline and trades below $80,000 at the time of writing on Friday, falling over 15% so far this week. This price correction wiped $660 billion of market capitalization from the overall crypto market and saw $3.68 billion in total liquidations this week.
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