Price Analysis BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, XLM

[SRShanuka2020]

Several major cryptocurrencies are facing selling at higher levels but the fact that traders are buying on the dips suggests further range-bound action is likely.

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[babu10]

I think in this crisis movement of fiat money and stock exchanges investors looking for another sector for investment so that they may looking for cryptocurrency because it can easily handle form home which is very important in nCOVID-19 moment. So that BTC and another alt coin price going up. I think it will give world a big message about this market.

[SRShanuka2020]

I think in this crisis movement of fiat money and stock exchanges investors looking for another sector for investment so that they may looking for cryptocurrency because it can easily handle form home which is very important in nCOVID-19 moment. So that BTC and another alt coin price going up. I think it will give world a big message about this market.

Jefferies Greed & Fear email written by Christopher Wood recommends both retail and institutional investors buy Bitcoin (BTC) ahead of the upcoming halving which is less than eight days away. They anticipate that a rally after the event will be similar to the previous two halvings. Jefferies recommends that investors use Bitcoin to diversify their portfolio, similar to gold.

However, forecasting a rally post halving just because the top-ranked cryptocurrency on CoinMarketCap has done so previously might not play out as expected. During the previous two halvings, the main participants were early crypto adopters but that is not the case now.

Since the last bull market several new traders have entered the space and became rich in a short time period. Therefore, after every small rally, talks about a strong bull run can be heard. If speculators buy Bitcoin in anticipation of a strong rally post halving that does not materialize, then a sell-off is likely.

[swapnilkale004]

bitcoin on the moon after halving? 

[I-Bit]

bitcoin on the moon after halving?

No one knows, it is not something predictable. I am sure we don't know whether the price will be to the moon or to decline again. I think we are better to do a safe way of managing our assets. If you think the current price has been quite good to sell, then you are better to take profits. At least, half of the total number of your crypto assets. The rest, you can try your luck for the moon after halving.   

[masterrex]

I think the recent selling pressure was justified due to the COVID-19 pandemic the people need some money to buy the necessary supply they need the most. If we look at the status of the current market situation we can say that the massive selling pressure does not affect the crypto market stability while the pandemic is wreaking havoc globally. the major cryptocurrency price trend was still good despite our present situation.

[Andruha1993]

I think in this crisis movement of fiat money and stock exchanges investors looking for another sector for investment so that they may looking for cryptocurrency because it can easily handle form home which is very important in nCOVID-19 moment. So that BTC and another alt coin price going up. I think it will give world a big message about this market.

I agree with you. Cryptocurrency at such a difficult time shows itself on the good side. Therefore, many investors will now begin to invest even more in it.

[OptimusPrime]

its not a big deal if the market moves in the opposite direction. the cryptocurrency market isn't the only market trading sideways. the stock market has recorded a huge loss also. try to make more finding to back your analysis

[Ganesa99]

The bitcoin price is always fluctuating around the EMA20 on the daily chart, the RSI is just in the middle (47.40) So there's a chance that the price of bitcoin will move sideways for the next few days. With a range of $ 7,856.76 to $ 7,000, until it breaks either way. If the price breaks above $ 7,856.76 it has broken the bearish wedge which has been maintained for the past 6 months. And thus the target is $ 10,360.89. further is $ 12,000

[Naimah]

Bitcoin SV (BSV) is being traded between the 20-day EMA and the 50-day EMA for the past three days. On December 30th it crossed the EMA20, if good buying pushes the price above the EMA50, the price target will be $ 113.96. Although the RSI level of 50 shows that selling pressure is not high, the market always has unexpected movements so we need to observe if the price fails to hold above $ 92,693, it will be kicked back to $ 78,506.

[Tnoy30]

There are some altcoin crisis moments going on in the cryptocurrency market right now. The reason for this crisis moment is that the total market cap of Bitcoin has increased. But the dominance of Bitcoin has decreased. Because people are attracted to the current Defi project. So another aspect is going to be noticed in the market. Most altcoins have started to fall in price. I do not think so. But everyone should think about defi to benefit.