Crypto Market Outlook – BTC, ETH & BNB Price Forecast
Bitcoin ($BTC
) – Current Price: $121,500 (+1.90%)
BTC continues to hold above the crucial $121,000 support level. If upward momentum persists, a breakout past $124,000 could lead to a short-term rally toward $125,500–$126,200. However, slipping below $121,000 may result in a retracement to around $119,800.
) – Current Price: $4,724.07 (+1.92%)
ETH maintains a bullish structure above the $4,680 support. A clear push above $4,780 may open up targets at $4,850 and $4,920. On the downside, if bearish pressure builds, support is seen around $4,640.
) – Current Price: $854.93 (+2.29%)
BNB is approaching a key breakout threshold. Holding above $865 could pave the way for a move to $880 and potentially $895. If price fails to hold $845, a pullback toward $832 may follow.
Market Sentiment:
The overall outlook remains cautiously bullish. However, traders are advised to wait for strong volume confirmation before committing to breakout trades.