Key points:
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Bitcoin may rise to $115,000 and then to $120,000, but significant gains could be limited in the short term if selling by whales persists.
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Some altcoins appear strong and are poised to break through their resistance levels.
Bitcoin (BTC) began the week positively, with buyers striving to keep the price above $112,500, though bears are not likely to yield easily.
Market participants need to closely monitor whale activity in the upcoming days. According to CryptoQuant data, whales have offloaded 114,920 BTC in the past month, marking the largest sell-off since July 2022. Analysts suggest that ongoing whale selling could limit BTC’s upward trajectory for the next few weeks.
Traders are paying close attention to the $100,000 mark. Popular trader ZYN mentioned on X that BTC had previously bottomed at the 0.382 Fibonacci retracement level during Q3 2024 and Q2 2025, indicating it could happen again. ZYN anticipates a worst-case scenario of a 10% drop toward $100,000 “before a 50% rally above $150,000.”
A further concern for BTC in the short term is diminishing demand from treasury companies. Michael Saylor’s Strategy, the world’s largest Bitcoin holder, acquired approximately 7,714 BTC in August, a significant decline from the 31,466 BTC purchased in July.
Other treasury firms purchased 14,800 BTC in August, a notable decrease compared to their record purchase of 66,000 BTC in June.
Can BTC break through its resistance? Will select altcoins initiate a rally? Let’s analyze the top 10 cryptocurrencies to find out.
S&P 500 Index price prediction
The S&P 500 Index (SPX) achieved a new intraday all-time high on Friday, but higher levels prompted profit-taking.
The negative divergence on the relative strength index (RSI) indicates that bullish momentum might be fading. If sellers push the price below the 50-day simple moving average (SMA) (6,356), the index could see a deeper correction toward the breakout level of 6,147.
Conversely, if the price rebounds from the moving averages, it suggests that bullish sentiment remains strong. Buyers would then attempt to begin the next upward leg toward 6,700.
US Dollar Index price prediction
Buyers were unable to maintain the US Dollar Index (DXY) above the moving averages, suggesting that there is selling pressure during rallies.
The bears will attempt to strengthen their position by driving the price down to 97.10 and then to the crucial support level of 96.37. Buyers are anticipated to defend this support fiercely, as a drop below it could lead the index to sink to the 95 mark.
To counteract the downside, buyers must push the price above the 99 level. If successful, the index could rise to 100.50 and eventually face substantial resistance at 102.
Bitcoin price prediction
BTC surpassed the 20-day exponential moving average (EMA) ($111,902) on Monday, signaling a potential resurgence from the bulls.
The BTC/USDT pair could rise towards the 50-day SMA ($114,920), where bears are likely to intervene. However, if buyers push the Bitcoin price above this level, the pair may establish a range and fluctuate between $107,000 and $124,474 for a longer period.
Alternatively, if the price declines sharply from its current level or the 50-day SMA, it indicates that bears are regaining control. This could heighten the risk of a drop below the $107,000 support, potentially leading the pair to collapse to $100,000.
Ether price prediction
ETH (ETH) has been floating around the 20-day EMA ($4,351) for the past few days, reflecting uncertainty among buyers and sellers.
The $4,060 level is pivotal support on the downside. A breach and close below this level could lead to profit-taking among short-term bulls, potentially sinking the ETH/USDT pair to $3,745 or even $3,350.
On the upside, a breach and close above $4,500 would signify that bulls have regained momentum, likely resulting in a retest of the overhead resistance at $4,956. A close above this level could pave the way for a rally to $5,500.
XRP price prediction
XRP (XRP) moved above the 20-day EMA ($2.90) on Monday, approaching the downtrend line.
Sellers are anticipated to defend the downtrend line vigorously; a breakout above it would invalidate the bearish descending triangle pattern and could drive XRP price to $3.40.
Conversely, if the price declines significantly from this line, it would suggest that the XRP/USDT pair could linger within the triangle for a while longer, intensifying selling pressure if it drops below $2.73.
BNB price prediction
BNB (BNB) bounced off the $840 support on Friday, rising above the $861 resistance on Sunday.
This upward movement may continue toward $900, where bears are expected to put up strong resistance. If the price drops from $900 but bounces off the 20-day EMA ($855), it indicates positive sentiment, improving the chances of a breakthrough above $900. The BNB/USDT pair may then rise to $1,000.
Alternatively, if the price reverses from current levels or overhead resistance and falls below $840, it suggests that bulls may be exiting. This could lead BNB to decline to the 50-day SMA ($824) and potentially to $794.
Solana price prediction
Solana (SOL) rebounded off the 20-day EMA ($201) on Sunday, indicating that bulls are buying on dips.
The bulls are attempting to push the price above the $218 resistance level. If successful, the SOL/USDT pair will complete a bullish ascending triangle pattern, paving the way for a rally to $240 and then to $260.
Sellers must defend the $218 level efficiently and quickly pull Solana’s price below the 50-day SMA ($189) to prevent further upside. Failure to do so may result in a drop to $175.
Related: Can XRP maintain its outperformance against Bitcoin this bull cycle?
Dogecoin price prediction
Dogecoin (DOGE) rose above the moving averages on Sunday, indicating that the price may stay within the $0.21 to $0.26 range for several more days.
The 20-day EMA ($0.22) has started to trend upward, and the RSI has entered positive territory, indicating a slight edge for the bulls. Sellers will likely defend the $0.26 level, but the DOGE/USDT pair could reach $0.29 if bulls succeed. A close above $0.29 could signal the beginning of a new upward movement toward $0.44.
The $0.21 level serves as critical support on the downside. A break below this could lead to a drop in Dogecoin price to $0.19 and further down to $0.16.
Cardano price prediction
Cardano (ADA) rose above the moving averages on Monday and is approaching the downtrend line of its descending channel pattern.
Sellers will attempt to protect the downtrend line; however, if buyers break through this resistance, the corrective phase may conclude. The ADA/USDT pair could gain momentum and reach $0.96, subsequently rising to $1.02.
If Cardano’s price declines from the downtrend line, it would suggest that the pair could remain within the channel for a longer period. The bears would have the advantage if the price falls below the channel’s support line.
Hyperliquid price prediction
Hyperliquid (HYPE) has continued to gain momentum, breaking above the $49.88 to $51.19 resistance zone on Monday.
A close above $51.19 signals the formation of a bullish ascending triangle pattern. The HYPE/USDT pair might then resume its upward trend toward a target of $64.25.
If the price sharply declines and re-enters the triangle, it would imply that bears are active at higher levels. Sellers would need to push the price below the uptrend line to negate the bullish outlook, which could trap aggressive bulls, driving the pair down to $40.
This article does not constitute investment advice or recommendations. Every investment and trading decision carries risks, and readers should conduct their own research prior to making any decisions.
