#BitcoinReality #BitcoinPricePredictions #XRP-LEDGER
Bitcoin’s bullish comeback goes for $45,000 resistances, Ethereum reclaims $2,400, Solana rises above $100 as cryptocurrency prices wake up.
Bitcoin price breaks out to $45,000 amid rising investor interest in BTC ETFs.
Ethereum reclaims $2,400 level after Dencun upgrave goes live on Holesky testnet.
Solana defies negative sentiment after network outage, climbs above $100.
After undergoing a squeeze characterized by limited volatility, Bitcoin steadied its north-facing trend and regained support at $43,000 as well as $44,000. This surprise move follows impressive performance in the BTC ETF arena, where most products are now achieving encouraging net inflows.
ETF data from SoSoValue shows that the total inflow of all spot BTC ETFs reached $146 million, equal to the net inflows for at least nine consecutive days.
The ETFs are still new, but they are attracting more investors who see the long-term potential of Bitcoin. The key level to watch is $45,000. If Bitcoin breaks above it, it could rally to $48,000 or higher.
The Bitcoin halving in April is another bullish factor. It could spark FOMO among investors who want to profit from a possible bull run.#DYM
On the downside, traders should watch out for support from the 20-day Exponential Moving Average (EMA) and the 50-day EMA (the blue and red lines catching up to the price on the chart).
Levels To Watch:
The Moving Average Convergence Divergence (MACD) is above neutral, backing the uptrend.
Resistance to watch: $45,000
Support to watch: The 20-day EMA, $42,000, $40,000
