Crypto Price Prediction: In January, the crypto market led by Bitcoin was on a rollercoaster. The anticipation for spot BTC ETFs in Q4 ignited a commendable rally even in altcoins.
However, at the peak of the green light news from the Securities and Exchange Commission (SEC), a minor uptick in the price of Bitcoin to $49,000 culminated in sell-the-news activities and coupled with the subsequent market doldrums saw the largest digital asset plummet below $39,000.
Although the last week of January was marked by widespread recoveries, Bitcoin is stuck under range resistance at $43,000. Similarly, Ethereum is back to trading in the range between $2,200 and $2,400 following a major spike to $28,000.
For many traders, the pullback after the spot ETF approval was a significant setback. However, experts like the founder of MN Trading, Michaël van de Poppe reckons the correction is healthy and that the best way to navigate is to buy dips.
Jerome Powell spoke about lowering interest rates
We współpracy z: https://coingape.com/markets/crypto-price-prediction-for-february-1-btc-ape-tia/
