• Price predictions 2/20: BTC, ETH, XRP, BNB, SOL, DOGE, BCH, ADA, HYPE, XMR The failure of the bulls to start a strong recovery in Bitcoin and the major altcoins suggests that the bears intend to remain active at higher levels. • Cointelegraph in your social feed Key points: Bitcoin bulls are struggling to sustain the intraday rallies, indicating that every minor rise is being sold into. • Bitcoin bulls are struggling to sustain the intraday rallies, indicating that every minor rise is being sold into. • Select major altcoins are showing weakness, signaling a drop to their strong support levels. • Select major altcoins are showing weakness, signaling a drop to their strong support levels. • Bitcoin (BTC) bulls pushed the price above $68,300 but are struggling to maintain the higher levels.
Article Summaries:
- Bitcoin’s recent intraday rally has stalled, with bulls unable to sustain gains above $68,300, foreshadowing a potential fifth consecutive red monthly candle-longest since 2018‑19. Despite tight monthly Bollinger Bands that historically precede breakouts, institutional support appears weak, as U.S. spot BTC ETFs recorded $403.9 million in net outflows this week, threatening a five‑week outflow streak. Altcoins such as ETH and XRP are consolidating near key resistance and support levels, with ETH trading between $1,750-$2,111 and XRP struggling to break its 20‑day EMA. Traders will watch for moves above these thresholds to gauge a possible reversal.
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