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Bitcoin Price Prediction: Can BTC Hold $120K as Analysts Highlight XRP and Avalanche for Upside

Bitcoin Price Prediction: Can BTC Hold $120K as Analysts Highlight XRP and Avalanche for Upside WikiBit 2025-10-09 08:00

Bitcoin pulled back slightly after hitting record highs above $126,000. Analysts now discuss where t

Bitcoin pulled back slightly after hitting record highs above $126,000. Analysts now discuss where the next moves could come from with XRP, Avalanche, and even MAGACOIN FINANCEdrawing new attention from investors looking for hedge and diversification options in this fast-changing market.

Bitcoin Price Prediction: Can BTC Stay Above $120K?

Bitcoin briefly touched a record high of $126,000earlier this week before easing to $122,784, down about 1.7%. The retrace followed a wave of profit-taking and a stronger U.S. dollar that weighed on so-called “debasement trades.”

Despite this, Bitcoin still gained 6% over the past weekand remains in a clear uptrend. Analysts credit inflows into Bitcoin ETFs, which hit $1.2 billion in a single day. This shows that both retail and institutional investors continue to see BTC as a store of value in times of fiscal uncertainty.

The Federal Reserves recent rate cutalso boosted sentiment, pushing the Fear and Greed Index from 34 to 62. As long as the U.S. government shutdownkeeps pressure on the dollar, BTC may continue to act as a safe harbor, holding above the $120,000 zone.

If inflows continue and risk appetite returns, analysts see a short-term path toward $130,000. Traders are now watching todays Fed meeting minutesfor cues on policy direction.

XRP Price Prediction: Analyst Sees Path to $5

Analyst Professor Astronesdescribed XRPs setup as “pumpy,” expecting a move toward $5. The token trades near $2.97, holding above the key zone between $2.60 and $2.80. The price has stayed steady there for weeks, suggesting consistent buying activity.

Astrones highlights a tightening triangle patternon XRP‘s chart that could soon break upward. A push past $3.66may trigger the next leg to $4.50or even $5, which would put XRP’s value near half of Ethereums market cap.

Other analysts, including CryptoWZRDand EGRAG, agree that the structure supports further upside. As long as XRP remains above its long-term rising line near $2.50–$3.00, the trend stays positive.

Sentiment in the XRP community has turned more confident as traders prepare for what they call a “quiet build-up before the next explosion”. If momentum continues, XRP could reclaim its all-time highs soon.

Avalanche Price Prediction: Developer Growth Fuels Confidence

Avalanche (AVAX)has been trading near $30, consolidating after a sharp climb. Analysts say this zone could act as a springboard for another move higher.

Recent data shows over 44 million contractsdeployed on Avalanche — triple the figure from a year ago. This surge reflects developer expansion and growing liquidityacross its ecosystem. Analysts say this kind of network growth usually draws more applications and usage, which often lifts the price.

Some chart watchers see a bullish flag formationpointing toward a $108 target, while others project shorter-term moves to $50–$60if activity continues to rise. Daily volumes are also nearing the $1 trillionmark, showing strong market participation.

Analyst Daniel Ramseybelieves the key now is maintaining stability above $30, which could set up Avalanche for a sustained climb. The next few weeks may determine if AVAX can convert that setup into a breakout.

MAGACOIN FINANCE: The Underrated Altcoin for Diversification

Amid rising prices across Bitcoin, XRP, and Avalanche, some investors are diversifying into MAGACOIN FINANCE— a community-led altcoin currently trading under $0.0006. Its scarcity and fair supply model are catching the eye of buyers who missed earlier crypto runs.

Many view MAGACOIN as a strategic hedgeand a safe havenwhen larger tokens face corrections. The attraction lies in its simple value structure, transparent approach, and the opportunity to enter early before wider listings.

Imagine a move from $0.0006 to even $0.1 — that narrative alone is sparking curiosity among investors seeking the next smart entry point in 2025.

Transparency First: MAGACOIN FINANCE Leads With Certified Audit Results

MAGACOIN FINANCEs completed HashEx audit and upcoming CertiK verification highlight its focus on transparency and security.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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