Cryptocurrencies are trading slightly up on Thursday as traditional financial markets closed out a low-volatility week.

Notable Statistics:

* Luminaries (Ella) price is down 24.33% in the past 24 hours.

* Total cryptocurrency volume in the past 24 hours is $56.78 billion, a 10.06% increase.

* Total cryptocurrency market capitalization is $1.19 trillion and has increased by 0.42% in the past 24 hours.

Notable Developments:

* Crypto chart analyst Ali Martinez says #Bitcoin $BTC is caught between two major supply zones: $81,440 and $86,430. It needs a clean breakout to escape the range.

אמר במסגרת פנייתו.

* More Crypto Online adds that BTC chart analysis shows volatility is still low, but price is getting closer to resistance. A break above yesterday's high could trigger a sharp rally to $87,900. For now, Bitcoin is still in a choppy, convictionless correction.

notes that volatility is still low, but price is getting closer to resistance. A break above yesterday's high could trigger a sharp rally to $87,900. For now, Bitcoin is still in a choppy, convictionless correction.

Another view of the BTC chart from More Crypto Online.

* Altcoin Sherpa has a bold prediction for Bitcoin's next move. He feels it will either blast through to $93,000 or drop into the high $70,000s in a single decisive move.

He adds that Bitcoin has been ranging for nearly a month.

It seems like BTC will either make one last stand to slice through 93k in one move or we're getting one final shakeout to 70s. We're a month into this range.

* Nebraskangooner sees Bitcoin consolidating above key support and if the current structure resolves upward, there’s a real chance of testing the $90,000+ resistance.

If this structure plays out higher there's a good chance we test that 90k+ zone again.

* Degengambleh sees two possible scenarios: either a “Green God Candle” breakout with no turning back, or one final shakeout before a face-melting rally to new highs.

In either case, he believes the bottom is likely in and not just for Bitcoin, but for most meme coins as well.