Bitcoin Price Prediction as $10,000,000,000 Volume Comes In – BTC to the Moon?

Investors seem to be preoccupied with the remaining match of the FIFA World Cup 2022 in Qatar, as the cryptocurrency market is devoid of volatility on Sunday. Given this, the Bitcoin price prediction hasn’t modified a lot all through the day, as BTC stays above the essential assist degree of $16,550. 

Following the collapse of FTX and issues that Binance is in jeopardy, most crypto buying and selling platforms are holding funds due to liquidity issues. 

Giant DCG Locked Nearly $300 Million in Crypto Amid Liquidity Issues

Bitvavo, a cryptocurrency buying and selling platform primarily based in the Netherlands, claims that Digital Currency Group (DCG) is holding again lots of of tens of millions of {dollars} owing to liquidity issues. 

Bitvavo has introduced in a latest assertion that DCG, which presents off-chain staking companies to Bitvavo, has suspended repayments till the firm’s present liquidity state of affairs is resolved. Bitvavo maintains that the issues being skilled by DCG is not going to have an effect on its service in any approach.

Bitvavo claims that the issues DCG is experiencing is not going to have an effect on its service in any approach.

“DCG is at the moment experiencing liquidity issues due to the present turbulence in the crypto market. As a consequence, DCG has suspended repayments till this liquidity concern has been resolved…

According to Bitvavo, which oversees €1.6 billion in crypto property, DCG will ultimately repay its debt of roughly $280 million. The cryptocurrency change additionally notes that it’s going to not be proscribing withdrawals for patrons due to DCG’s default.

The market’s ongoing concern is protecting Bitcoin and different cryptocurrencies beneath stress.

Bitcoin Price Prediction 

The present Bitcoin price is $16,747, and the 24-hour buying and selling quantity is $11 billion. Bitcoin has fallen by 0.10% in the earlier 24 hours. CoinMarketCap now ranks first, with a reside market cap of $322 billion. It has a complete amount of 21,000,000 BTC cash and a circulating provide of 19,236,818 BTC cash.

On Sunday, the BTC/USD is predicted to find preliminary assist close to $16,560. With RSI and MACD in the oversold zone, BTC costs might surge to the 23.6% Fibonacci retracement degree of $17,000.

Bitcoin Price Chart – Source: Tradingview

Up ahead, the 38.2% Fibonacci retracement level and the 50-day easy shifting common at $17,250 will act as new resistance for the BTC/USD pair. However, if BTC costs drop beneath $16,570, the $16,150 assist degree might turn into susceptible.

High-Profitability Alternative Coins

The present risk-off mentality in the world crypto market is protecting value motion in verify, however there are few cash making headlines.

Why do not we verify them out?

FightOut (FGHT) – Presale Launches

With the launch of its presale, FightOut, a brand new move-to-earn (M2E) health app and health club chain that goals to convey the health way of life to web3, has garnered the consideration of traders who see the challenge as having the potential to revolutionize the present web3 M2E panorama.

While current M2E apps like StepN solely measure steps and require costly non-fungible token (NFT) buy-ins to be part of, FightOut presents a extra complete method to monitoring and paying its customers for train and exercise with out requiring any such buy-ins.

Since the presale raised over $2.86 million in a matter of days, traders are inspired to act rapidly to safe their FGHT tokens at the present value of 60.06 USDT for 1 USDT.

The FightOut crypto ecosystem shall be powered by the FGHT coin.

Visit FightOut Now

Dash 2 Trade (D2T) – Presale Enters Final Stage

Dash 2 Trade is an thrilling cryptocurrency buying and selling platform startup during which to put your cash. The upcoming analytics and social buying and selling platform is predicted to take the crypto buying and selling sector by storm with its distinctive options.

Among the options are buying and selling indicators, social sentiment and on-chain indicators, a pre-sale token scoring system, a token itemizing alert system, and a method back-testing software.

The D2T token, which customers should buy and maintain so as to use the platform’s companies, will energy the Dash 2 Trade ecosystem. Dash 2 Trade is at the moment working a token pre-sale at drastically diminished costs, with gross sales barely exceeding $10 million. 

Tokens are at the moment out there for buy at $0.0533 per token and shall be out there on a number of centralized exchanges inside the subsequent month.

Visit Dash 2 Trade here

Calvaria (RIA) – Final Presale Stage Now

RIA, a brand new play-to-earn battle card crypto sport, might turn into a actuality. Calvaria’s mission is to enhance cryptocurrency acceptance by developing a bridge between the actual world and cryptocurrency in the type of a enjoyable and easy-to-play crypto sport. Investors could also be fascinated with Calvaria’s RIA token pre-sale. 

Calvaria has now earned $2.48 million and is nearing the finish of its fundraising marketing campaign, with solely 20% of tokens remaining.

Visit Calvaria Now

Find The Best Price to Buy/Sell Cryptocurrency

Cryptocurrency Price Tracker – Source: Cryptonews

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About the Author: Daniel