Price Prediction: SPX, DXY, BTC, ETH, BNB, XRP, SOL, DOGE, ADA, BCH
Bitcoin (BTC) surpassed $90,000 as bulls attempt a recovery, but analysts are split on its next move, with some seeing potential for a new all-time high and others anticipating a decline to the $70,000s. Santiment’s Maksim Balashevich suggests further downside is possible before a solid bottom, but views a drop to $74,000 as a potential buy opportunity. Despite near-term uncertainty, BlackRock’s spot Bitcoin ETF (IBIT) has drawn $25 billion in inflows this year, pointing to strong long-term interest even amid negative returns. Bitcoin faces resistance at $94,589, with a close above this level opening the way to $100,000; a drop below $84,000 would indicate renewed bearish control. Other key cryptocurrencies show mixed outlooks: Ether’s symmetrical triangle suggests indecision, with breakout targets at $4,000 or a possible drop to $2,111. BNB and Cardano are at resistance, with upside possible if they break key levels, otherwise remaining vulnerable to further declines. Markets for XRP, Solana, Dogecoin, and Bitcoin Cash each hinge on pivotal resistance or support levels, highlighting general market uncertainty. S&P 500 and US Dollar Index remain range-bound, awaiting decisive moves.
