Price Analysis

Bitcoin is currently in a consolidation phase, with market uncertainty prevailing. Analyst Sjuul Follings suggests the coming weeks are crucial, noting key support and resistance levels that will determine whether the bull market resumes or the decline intensifies.

BitMine Immersion Technologies has purchased an additional €170 million worth of Ethereum, solidifying its position as the largest corporate holder with 3% of the total supply. While the price saw a short-term bump, analysts remain divided on ETH’s near-term trajectory.

As Bitcoin’s price recovers above $87,000, analysts are divided. While some see short-term bullish signals pointing towards a potential rally to $110,000, the looming ‘death cross’ technical pattern warns of further downside, making this a critical juncture for the market.

Particle Network (PARTI) has surged 98% this week, becoming one of the most traded coins in the Netherlands, with analysts predicting further upside potential.

Dogecoin’s price surged by 5% following the launch of the Grayscale Dogecoin Trust ETF. The memecoin broke through key resistance levels, leading analysts to speculate if this marks the start of a new bullish phase.

Bitcoin is attempting a recovery towards the $90,000 mark after recent heavy losses, but while selling pressure eases, derivatives traders are largely betting on further declines.

Analyst Kaleo suggests the market is bottoming out, drawing parallels to the 2020 Covid-era crash. He anticipates a potential ‘Santa Rally’ for Bitcoin and stocks if the pattern repeats.

Hedera (HBAR) shows mixed signals with recent ETF support and ISO 20022 alignment, but faces a declining price trend and shrinking ecosystem.

Bitcoin’s price shows a modest recovery, up several percent from its 24-hour low, but analysts caution that the bottom may not yet be in. The RSI indicates oversold conditions, and the market awaits a decisive move.

Worldcoin’s price is in a steep decline, dropping over 30% in the last month. The downturn is fueled by increasing regulatory scrutiny and bans in several countries, like Colombia, over concerns about data privacy and the handling of biometric information.