Bitcoin 
$66,872 price It finds buyers at $67,550 and today it rose to $67,998. Many analysts were talking about the retracement of $67,000 this week as it could lead to a bigger rise in altcoins. Now that the key level has been reclaimed, the steady rise in Bitcoin price should begin. But the popular analyst warned.
Stay Alert in Crypto
Crypto Tony pointed out an important detail in his market assessment published today and advised to be vigilant. has been operating in a narrow range for a long time Bitcoinnow needs to be free from these limitations. But how? Of course, with the US elections just days away. Election night will be extremely exciting for cryptocurrencies.
Tony wrote:
“The election is approaching in the USA and markets may become more volatile. “I will update as much as I can, but always stay alert and have a stop loss on all positions one at a time.”
Short-term traders have been paying attention to this for a long time. Since BTC, which is stuck in the roughly 20% range, makes many double-digit movements, investors are very careful and intensively using stops, especially in futures transactions.
That’s why we see liquidations close to $100 million being triggered in billion-dollar liquidation price zones, and voluminous sales in altcoins due to stop triggers due to BTC meltdown.
Bitcoin (BTC) and NEAR
Yoddha said, “If in doubt, go.” Saying this, the person who shared the chart below draws attention to the tendency to repeat historical data. The key point here is that the RSI is now returning from the bottom, as you can see below. If BTC price If it were at the top these days, the RSI should also be at the top as well.
However, as you can see on the 14-day chart, it is trying to get out of the oversold zone. If Yoddha is right BTC It should make new highs between $210,000 and $320,000.
Poppe said exactly this: “the markets are preparing for a big rise.” He has been saying this for months. The only problem is that the big rises he has been waiting for for months have not started. Sharing the NEAR Coin chart, the analyst wrote:
“Markets are preparing for the next big rally. NEAR perfect example. It has retested the previous consolidation area and is slowly crawling upwards. The next target in the rally is $10-15.”
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
