Our crypto prediction panel is bearish on two popular cryptocurrencies for the next two weeks, but bullish on Bitcoin, Solana, and Ethereum.
The Finder Crypto Prediction Panel is now broadly bullish on Ethereum and Solana as well as Bitcoin, but bearish on two popular cryptocurrencies in the latest survey covering the week of March 21.
Bitcoin has been zigzagging between US$35,000 and US$45,000 since the start of the year. This means that buyers and sellers do not have a clear conviction of where the price might go next, so neither side can push prices past these two levels.
The war in Ukraine saw a short-term spike in demand for Bitcoin in Russia, but that wasn’t enough to give the cryptocurrency the boost it needs to break above US$45,000. However, Biden’s executive order calling for new crypto regulations was released on Wednesday, and crypto has rallied. This could be positive for the crypto industry in the longer term.
When a price is stuck in a trading range, it usually takes a catalyst to push it one way or the other.
Finder’s cryptocurrency prediction panel is made up of 15 experts in the field. Each week, five of them spin to share their predictions for the next two weeks on six major cryptocurrencies.
Finder experts shifted to broadly neutral sentiment
The previous week, our panel of crypto experts was slightly bearish on the basket of six cryptocurrencies they track. Finder’s weekly crypto prediction panel has moved from slightly bearish to neutral over the next couple of weeks.
- The panel’s outlook for Bitcoin (BTC) is slightly bullish, the same as the previous week.
- The panel’s verdict on Ethereum (ETH) is slightly bullish, a change from the previous week when it was slightly bearish.
- The outlook for Dogecoin (DOGE) is slightly bearish, similar to the previous week.
- The panel’s opinion on Litecoin (LTC) is slightly bearish, a change from the previous week when it was bearish.
- The panel’s view on Ripple (XRP) is neutral, a change from the previous week when it was bearish.
- The verdict on Solana (SOL) is slightly bullish, a change from the previous week when it was slightly bearish.
Where is our crypto prediction panel?
|Bitcoin||Slightly bullish||Slightly bullish|
|Ethereum||Slightly bullish||Slightly bearish|
|Dogecoin||Slightly bearish||Slightly bearish|
|Solana||Slightly bullish||Slightly bearish|
Finder Experts Hold Long-Term Bullish Sentiment on Bitcoin
Finder asked 33 fintech specialists in January to offer price predictions for Bitcoin by the end of the year. The majority believe that Bitcoin will reach all-time highs at the end of 2022.
To learn more about our experts’ outlook on cryptocurrency prices, start with our Bitcoin price prediction page, then check out our price prediction pages on Ethereum, Solana, Litecoin, Ripple, and Dogecoin.
This information should not be construed as an endorsement of the cryptocurrency or any specific provider, service or offering. This is not a trade recommendation. Cryptocurrencies are speculative, complex and carry significant risk – they are highly volatile and susceptible to secondary activity. Performance is unpredictable and past performance is not indicative of future performance. Consider your own circumstances and seek advice before relying on this information. You should also check the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the websites of relevant regulators before making a decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
At the time of publication, Kliment Dukovski owned Bitcoin, Ether and Solana.