The post Bitcoin (BTC), Ethereum (ETH) and Solana(SOL) Price Prediction For This Week appeared first on Coinpedia Fintech News
As a new week unfolds, fresh candlesticks ignite the ongoing scrutiny of Bitcoin’s price trajectory. Cryptocurrency analyst Crypto World has brought attention to major price shifts in Bitcoin and Ethereum, offering details into pivotal levels and emerging market signals.
Starting with Bitcoin, Crypto World explained the importance of a recent retest of a crucial support level in the short term. Bitcoin’s price is currently hovering within a range, with support around $61,000 to $62,000 and resistance between $65,000 and $66,000. Notably, Bitcoin is experiencing a lack of momentum, indicating a sideways trend.
Impact of ETF Outflows on Bitcoin
Regarding the impact of Bitcoin ETFs on market dynamics, Crypto World discussed significant net outflows from these ETFs over three consecutive days, totaling approximately $421.8 million. These outflows a
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