Price predictions 1/16: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, XMR, BCH, LINK
The crypto market rally lost momentum as Bitcoin met resistance near $98,000, but technical charts suggest traders will actively buy dips to underlying support levels in altcoins and BTC.
Key points:
Bitcoin is attempting to find support near the $94,500 level, signaling a positive sentiment.
Buyers will have to defend the support levels in select major altcoins, or else the recovery may fizzle out.