There are more and more predictions about the price of cryptos these days, and below, you can see the latest ones. Check out the details below.
BTC, SOL, and ADA price predictions
Widely followed analyst and trader Jason Pizzino is mapping out the path forward for three large-cap crypto assets.
Starting with Bitcoin (BTC), Pizzino tells his 282,000 YouTube subscribers in a new video that the flagship crypto asset is unlikely to retrace to the low of November 2022.
“We can be macro bullish looking at the market continuing to go up, but there is going to be pullbacks. There just has to be pullbacks.
And the key thing here that I’ve been trying to get across is, where does this low come in? At the moment, from what we’re seeing with the indicators, it looks like we can expect a higher low…”
The same notes reveal the following:
“If the market lows anywhere above this previous level of between $15,000 and $18,000, if it lows in the zone and then moves away, the bears were absolutely wrong because the market did not break down. That essentially is a higher low.”
Bitcoin drops below important level as the US government makes important moves
According to the latest notes coming from CoinDesk, it seems that the U.S. authorities transferred $1 billion worth of bitcoin (BTC) recovered from a dark web hack to new wallet addresses, including one owned by Coinbase, on Wednesday, stoking investor fears that intense sell pressures could drive down the token’s price.
“Authorities moved the bitcoin in three transactions, according to data from blockchain security firm PeckShield. Nearly 10,000 bitcoin were sent to Coinbase-controlled wallets, while roughly $41,000 tokens were directed to government-controlled wallets,” the sane online publication noted so far.
Stay tuned for more news about the latest important details from the crypto space.