Price predictions 7/14: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE
2025-07-14 17:50:49
Main Idea
Bitcoin and other cryptocurrencies show strong performance with Bitcoin maintaining above $120,000, supported by corporate crypto treasury building and spot BTC ETF buying, while altcoins also rally as BTC's dominance slightly declines.
Key Points
1. Bitcoin rose above $123,000, with spot BTC ETFs seeing back-to-back inflows of over $1 billion, supporting its new price range.
2. BTC's dominance of the total crypto market is at 65%, with altcoins surging as dominance declines, historically signaling potential altseason.
3. S&P 500 Index maintains above 6,147, with potential to surge toward 6,500 if support holds, while US Dollar Index shows signs of reduced selling pressure.
4. Ether (ETH) faces resistance but could ascend to $3,400 if support at $2,879 holds, while XRP broke above $2.65, indicating strong buyer momentum.
5. BNB, SOL, DOGE, ADA, and HYPE show bullish trends with key resistance and support levels highlighted, suggesting potential for further gains if key levels are breached.
Description
Bitcoin holds above $120,000 as corporate crypto treasury building and robust spot BTC ETF buying continue to support the new price range.
Latest News
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