Bitcoin’s drop below $104K caps the start of altcoin season

From CoinTelegraph
May 30, 2025 2:01:00 pm:

Bitcoin’s bullish momentum weakens, leading to a possible correction to $100,000. Altcoins expected to consolidate near support levels. US spot Bitcoin ETFs record a net outflow of $347 million, first since May 13. Experts predict Bitcoin will enter consolidation phase before significant upward movement. Short-term pullback doesn’t deter long-term view; Stockmoney Lizards forecasts Bitcoin rally to $200,000 in 2025 and possibly $250,000 next year. Technical analysis of top 10 cryptocurrencies’ support levels to prevent further decline. Bitcoin price prediction: Battle at $105,485 EMA with potential sell-off to $100,000 support. Ether price prediction: Rebound expected to $2,738 resistance to complete ascending triangle pattern. XRP price prediction: Bears overpower bulls with potential drop to $1.27. BNB price prediction: Bounce off uptrend line signals bullish sentiment. Solana price prediction: Range formation likely with next move above $180 or below $153. Dogecoin price prediction: Support at 50-day SMA with resistance at $0.26. Cardano price prediction: Bears push below 50-day SMA to target $0.60. Sui price prediction: Bulls bounce off 50-day SMA with resistance at $3.90 to $4.25. Hyperliquid price prediction: Attempted bounce off 20-day EMA with resistance at $35.73. Chainlink price prediction: Bears aim to keep price below inverse H&S neckline.

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