Bitcoin Prices Steady Despite Economic Uncertainty, Bulls Eye $28,000

• Bitcoin prices held steady on Thursday despite a decline in traditional markets due to recent economic data and comments from the Federal Reserve.
• Bitcoin rose from a low of about $20,408 late Wednesday night to an intraday high of $21,207 on Thursday afternoon, despite concerns over the potential bankruptcy of Genesis Global Capital.
• Analysts such as Jim Wyckoff and Milky Bull Crypto predict that Bitcoin will soon surge to $28,000.

Despite a decline in traditional markets due to recent economic data and comments from the Federal Reserve, Bitcoin prices held steady on Thursday. Coinmarketcap.com reported that Bitcoin rose from a low of about $20,408 late Wednesday night to an intraday high of $21,207 on Thursday afternoon, despite concerns over the potential bankruptcy of Genesis Global Capital.

Senior technical analyst at Kitco Jim Wyckoff stated that Bitcoin bulls currently have the upper hand in the short term, with a strong uptrend on the daily chart, indicating the potential for further gains in the short term. Wyckoff’s sentiment was echoed by blockchain analyst Milky Bull Crypto, who predicted that Bitcoin will soon surge to $28,000.

The sideways price action for Bitcoin over the past few days is being seen as a normal pause after reaching a four-month high on Tuesday. Federal Reserve Vice Chair Lael Brainard stated during a speech at the University of Chicago School of Business that the central bank must continue to tighten monetary policy in order to achieve a sustainable 2% inflation rate.

As the cryptocurrency market continues to mature, Bitcoin remains one of the most promising digital assets. Its resilience in the face of economic uncertainty and the bullish predictions from both Wyckoff and Milky Bull Crypto suggest that further gains may be on the horizon. With a strong uptrend on the daily chart and a potential surge to $28,000, it appears that the September high could be the next target for Bitcoin.

As the world of cryptocurrency continues to evolve, it is important for investors to stay informed on the latest news and developments. By understanding the current economic environment and the potential for future gains, investors can make informed decisions when it comes to investing in the digital asset market.

Bitcoin Price Heading For Potential Upside, Could Hit $20K Resistance

• Bitcoin price is predicted to stabilize above the $19,000 resistance.
• BTC could possibly hit the $20,000 resistance if the bulls increase the effort.
• If the Bitcoin price fails to move, it could potentially drop to the lower boundary of the channel and reach support levels at $17,500, $15,500, and $13,500.

Bitcoin is currently trading at $19,264 as the coin is preparing for a potential upward movement. The Bitcoin price is heading towards the upside and if the bulls increase their effort, it is likely to cross above the upper boundary of the channel at $19,129.72. This could be a sign of sustainability and may lead to a bullish continuation.

The Bitcoin prediction shows that the coin could possibly hit the $20,000 resistance if the bulls put in more effort. If the Bitcoin price succeeds in moving up, the potential resistance levels would be at $21,000, $23,000, and $25,000. On the other hand, if the Bitcoin price fails to move, traders could see a price cut towards the lower boundary of the channel. A further low could bring the price to the support levels at $17,500, $15,500, and $13,500.

The Bitcoin market cap is around $371.6 billion and the circulating supply is 19.2 million. BTC is ranked number one on Coinmarketcap and is continuing to show signs of bullishness. Investors are advised to keep an eye on the market and watch out for any potential changes in the Bitcoin price.

Gala Price Prediction: GALA/USD May Head for $0.020 Level!

-Gala price prediction for January 6 shows that the GALA/USD may head for a $0.020 level.
-The Gala price is currently moving bullishly, trading at the resistance level of $0.019 and facing the upper boundary of the channel.
-The technical indicator Relative Strength Index (14) is crossing above the 50-level, indicating potential bullish signals that could encourage more buyers to enter the market.

Today, January 6, the Gala price prediction shows that GALA/USD may head for the $0.020 level as the coin trades at the resistance level of $0.019 and faces the upper boundary of the channel. The Gala price is currently moving bullishly and the technical indicator Relative Strength Index (14) is crossing above the 50-level, indicating potential bullish signals that could encourage more buyers to enter the market.

Gala is a cryptocurrency with a market cap of $141.6 million, a circulating supply of 6.9 billion, and a total supply of 35.2 billion. It is currently ranked #137 on Coinmarketcap. The key resistance levels for GALA/USD are located at $0.030, $0.032, and $0.034, and the key support levels are located at $0.010, $0.008, and $0.006.

The Gala price prediction suggests that if the 9-day moving average crosses above the 21-day moving average, the coin could head to the upside and hit the resistance levels. This could be a great opportunity for traders and investors to gain some profits from the potential bullish trend. However, traders should always use caution and pay attention to the market’s movements in order to make informed decisions.

Overall, the Gala price prediction shows that the GALA/USD may head for the $0.020 level as the technical indicator Relative Strength Index (14) is crossing above the 50-level. This could be a great opportunity for traders and investors to gain some profits from the potential bullish trend. However, traders should always use caution and pay attention to the market’s movements in order to make informed decisions.

BIFI Soars 16%, Tops List of Biggest Crypto Gainers Today

• Biggest Crypto Gainers Today: BIFI, META, FGHT, D2T, RIA, and TARO
• BIFI is the biggest crypto gainer today, having gone up 16% in the past 24 hours
• If bulls manage to raise the BIFI price past the 50-day and 100-day simple moving averages, BIFI price may ascend to confront resistance from the all-time high of $411

The crypto market has experienced a strong crypto winter as the year 2022 approaches its end, resulting in selling pressure becoming a common theme. For those looking to make large returns from the crypto market in a short time, it is best to find promising new cryptos with pioneering visions and ambitious roadmaps. To help you navigate the murky waters of the crypto winter, we present the biggest crypto gainers today based on their price and presale performances.

The biggest crypto gainer today is Beefy Finance (BIFI), which is flashing a long green candlestick and has gone up 16% in the past 24 hours to trade at $367 at the time of writing. It currently records a market cap of $28.89 million, positioning it at #431 on CoinMarketCap. The yield optimizer takes advantage of the low fees offered by the Binance Smart Chain (BSC) and programmatically automates actions to deliver better yield opportunities for its users.

The BIFI price has seen a rally which has enabled it to break past two critical resistance levels offered by the 50-day and 100-day simple moving averages (SMAs). It is currently facing a barrier at the $372.6 level, which if broken, would set the BIFI price to test the next barrier offered by the 200-day SMA at $380. If bulls manage to raise the BIFI price past these critical zones, BIFI price may ascend to confront resistance from the all-time high of $411.

Aside from BIFI, other major crypto gainers today include Metacash (META), FightCoin (FGHT), D2T (D2T), RIA (RIA), and TARO (TARO). META has gone up 7.56% in the past 24 hours and is trading at $0.14 at the time of writing. FGHT has gone up 14.55% in the past 24 hours and is trading at $0.000107. D2T has gone up 6.88% in the past 24 hours and is trading at $0.001. RIA has gone up 8.77% in the past 24 hours and is trading at $0.0014. Lastly, TARO has gone up 6.63% in the past 24 hours and is trading at $0.0017.

It should be noted that the crypto market is highly volatile and caution should be exercised when investing. It is important to do your own research and analysis before investing in any cryptocurrency.

Fantom Consolidates Around $0.201, Could Fetch Potential Growth

• Fantom (FTM) is trading at around $0.201 and has a market cap of $557 million.
• The coin is consolidating around $0.201 and may go up if it bounces above the 21-day moving average.
• If the bears break toward the downside, the price could fall to the next support levels of $0.120, $0.100, and $0.080.

Fantom (FTM) has been unable to fetch any significant growth over the past few days, as the price has been trading on the negative side. FTM is now trading at around $0.201 and has a market cap of $557 million, with a circulating supply of 2.7 billion and a total supply of 3.1 billion. FTM/USD is currently consolidating around $0.201, and the bulls may push the coin up if they break above the 21-day moving average. If this happens, the price may face potential resistance levels of $0.300, $0.320, and $0.340.

On the other hand, if the bears break toward the downside, the price could fall to the next support levels of $0.120, $0.100, and $0.080. FTM/BTC is also moving sideways, but the coin has yet to record a tremendous gain. However, the buyers may continue to gather momentum and the coin may begin an upward movement if it breaches the 1300 SAT resistance level.

Overall, FTM is currently in a consolidation phase and is yet to record a massive growth. Investors should be patient and wait for the coin to break either of the support or resistance levels before making any investment decisions.