Bitcoin, Litecoin & Filecoin – American Wrap: 2/9/2021

 Bitcoin, Litecoin & Filecoin – American Wrap: 2/9/2021

Bitcoin Price Prepares For A Spike In Retail Interest After Institutional Investors Filled Their BTC Bags

After Tesla’s big announcement of a $1.5 billion purchase worth of Bitcoin and the possibility of accepting the digital asset as a payment option, the flagship cryptocurrency had a massive move to a new all-time high at $48,142 and aims for more. 

Litecoin Price Forecast: LTC Aims For A 15% Upswing As Bulls Hold The Upper Hand

Litecoin has been trading in a steady and robust uptrend since the beginning of 2021. It is now facing one crucial resistance level at $175 before its final breakout towards the psychological level at $200.

Filecoin Price Prediction: FIL Poised For A Pullback Down To $28 Before The Next Leg Up

Filecoin had an amazing trading start back in October, reaching $100, but quickly plummeted down to $23 and never managed to fully recover. The digital asset has been on a tear recently, rallying to almost $34, but is currently facing a lot of selling pressure in the short-term and could see a pullback down to $28.

© 2021 Benzinga does not provide investment advice. All rights reserved.

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