Bitcoin 
$94,784 prices are struggling to close above $95,000, while remaining below $98,500 poses ongoing risks. Altcoins have suffered significant losses, yet BTC has managed to maintain support at the $91,500 level. What do current charts predict for cryptocurrencies, and what should traders anticipate next?
Insights on Bitcoin Price Trends
BTC created an intriguing chart with eight hours of bullish candles, before being affected by strong employment data. It managed to recover but has yet to reach $96,000. With Trump’s imminent ascension, increased volatility was expected, although the rapidly deteriorating macroeconomic outlook was not surprising.
Renowned cryptocurrency analyst Michael Poppe commented on the current situation:
“Bitcoin absorbed liquidity last night. Unemployment figures were more positive than expected. However, treasury markets and yields seem to be at a tipping point, and the system is cracking. Yields really cannot go higher, and the initial response has already been captured.
We will likely see an upward trend in Bitcoin and altcoins within the next 10-15 days.”
The rise in 10-year bond yields quickly reached 125 basis points, which Powell is unhappy about. Thus, balancing statements may emerge.
Daan shared financial data from crypto projects, indicating positive sentiment.
NEIRO Coin Analysis
NEIRO Coin has attracted considerable attention, offering serious profit opportunities. TraderSZ shared evaluations today, depicting promising predictions for altcoins in general.
“Holding this was not easy for me. I invested in memes only once or twice. It’s just a part of the game if the project has a long-term vision and ticks all the boxes that other good projects have, and more importantly, if there is time… then it has a higher chance.”
“I bought it with a market cap of $1-2 million and expect it to grow to $5-10 billion when conditions are right.”
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
