Bitcoin (BTC) It finds buyers at $69,630 and we could not see any closings above $71,500. For many reasons, cryptocurrencies cannot escape the narrow gap. Investors have significantly lost their risk appetite as there have been continuous ups and downs for more than 2 quarters. What are the experts’ predictions for LINK, ALGO, TIA Coin?
LINK, ALGO and TIA Coin Prediction
Analyst pseudonymous Leevis on October 30 TIA Coin He wrote that the price could drop to $4.48. Testing the demand zone did not seem logical that day, the reason for this was BTC’s search for a new ATH. However, BTC could not reach the new all-time record level and the decline began. Thus, the analyst’s prediction of the test of the demand zone is about to come true.
$4.94 and $5.25 may be tested on a possible reversal. Altcoin Sherpa predicts cycle gains of 3-5 times for many cryptocurrencies, including LINK and ALGO.
“The market average for shitcoins as of now: probably around 3-5x for prices at the low end and 5-10x for prices at the high end for this cycle.
So: If you buy almost anything right now, I expect it to increase 3-5 times.”
Above LINK Coin The person who shared his analysis targets the levels of 22.59 and 40.85 dollars. This means earnings between 2-3.5 times. As you can see in the ALGO Coin chart below, it is waiting for its targets of $0.219 and $0.342.
Bitcoin Forecast
Cryptocurrency analyst Jelle also Bitcoin (BTC) $69,491He put ‘on his agenda. The analyst, who is assertive about the new all-time record level, does not make such pessimistic readings about the current outlook. Saying that the breakout level was tested, the analyst wrote:
“Bitcoin is still trading just below its all-time high. It is now retesting the breakout area – the trend continues to rise. “It’s just a matter of time.”
According to the analyst’s assessment, the BTC price should not fall lower than its current level. If he is right, Bitcoin (BTC) could soon test $80,000.
At the time of writing, BTC is selling at $69,740.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.