Crypto: Price Predictions 2/27: Btc, Eth, Xrp, Bnb, Sol, Doge, Bch, Ada,...

Bitcoin’s attempt to top $70,000 stalled throughout the week, but analysts believe that the short-term downside will be limited. Will altcoins hold on to their weekly gains?

Bitcoin continues to face selling on minor rallies, indicating a negative sentiment.

Several altcoins have turned down from the overhead resistance levels, indicating the bears are active at higher levels.

Bitcoin (BTC) continues to face selling on rallies, with bears attempting to sink the price below $66,000. However, some analysts believe the downside may be limited.

Analyst Willy Woo said in a post on X that the selling may have exhausted and BTC is likely to enter a period of consolidation. He expects the rebound to be rejected in the mid $70,000 level. Woo anticipates the bearish trend to end in Q4 of this year and the bullish momentum to begin in Q1 or Q2 2027.

Another positive sign in favor of the bulls is that BTC exchange-traded funds have started attracting investors. The BTC ETFs have recorded $1.01 billion in inflows since Tuesday, according to SoSoValue data.

Analysts also expect Ether (ETH) to remain sideways for some time. Swyftx lead analyst Pav Hundal told Cointelegraph on Thursday that ETH may remain “subdued over the next few weeks” and in the medium term may test even “the most experienced investors.”

Could BTC and select major altcoins hold on to their support levels? Let’s analyze the charts of the top 10 cryptocurrencies to find out.

BTC’s relief rally is facing selling at the 20-day exponential moving average ($68,895), indicating a negative sentiment.

The BTC/USDT pair has formed a symmetrical triangle, which usually acts as a continuation pattern. If the Bitcoin price continues lower and breaks below the support line, it puts the $60,000 level at risk of breaking down. If that happens, the pair may plunge to the next major support at $52,500.

Source: CoinTelegraph