š **Price Analysis 3/29**: BTC, ETH, BNB, SOL, XRP, ADA, DOGE, AVAX, SHIB, TON
š Bitcoin's recovery near $70,000 hesitates, but bulls stand firm against bears.
š CEO Laurent Benayoun sees bull cycle potential to peak between $120,000 and $180,000.
š Factors include Bitcoin ETFs, upcoming halving, and possible interest rate reduction.
š Bitwise CIO advises to "keep calm and take the long view", suggesting 1% portfolio allocation could bring $1 trillion into Bitcoin.
š Crypto market data daily view. Source: Coin360
ā ļø QCP Capital warns of potential exhaustion in Bitcoin's rally, raising questions about near-term correction.
ā Could Bitcoin and altcoins correct soon, or will the rally persist? Let's analyze the charts.
(Bitcoin price analysis)
š BTC holds within $71,770 and $68,359 range, showing bullish resilience.
š Tight consolidation near highs indicates bullish strength.
š Breaking above $71,770 to $73,777 could pave the way for an $80,000 rally.
š Failure could drop BTC to $61,107.
(Ether price analysis)
š ETH battles near $3,678 resistance.
š Breaking above could target $4,100, while failure may lead to $3,324.
(BNB price analysis)
š Struggles near $588, potential upside towards $645 if sustained above.
š» Bears need to defend $645 fiercely to prevent deeper correction.
(Solana price analysis)
š» Bears resist Solana at downtrend line, threatening short-term advantage.
š Bulls aim to break above downtrend line and target $267.
(XRP price analysis)
š XRP near 20-day EMA, uncertainty persists.
š Bulls need to defend key levels for upside continuation.
(Cardano price analysis)
š» Bears aim to keep Cardano below $0.68, indicating negativity.
š Bulls need to sustain above $0.70 for rally towards $0.81.
(Dogecoin price analysis)
š DOGE pulls back near $0.23 resistance, correction possible to $0.19.
š Bulls aim for $0.30 rally if $0.19 holds as support.
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