Bitcoin and Top Altcoins Price Analysis and Predictions.

The short-term outlook for Bitcoin and altcoins is uncertain, but analysts remain bullish about the long term. Blockstream CEO Adam Back recently said that “hyper-Bitcoinization” could soon come, boosting demand for Bitcoin. The charts of the top 10 cryptocurrencies show a possible recovery in the near term. The bulls and bears are in a tough tussle for the BTC/USDT pair, while the ETH/USDT pair could rise to the resistance line of the falling wedge pattern. Binance Coin continues to trade inside a descending channel pattern, while XRP is witnessing a comeback by the bulls. Cardano is being purchased on every minor dip, and Dogecoin may rally to the 50-day SMA. Polygon could pick up momentum and reach the downtrend line, while Polkadot has been struggling to start a recovery. Litecoin is trying to flip the 50-day SMA into support.