Another busy week awaits us and this time we will be able to see important economic data despite the US closure. Bitcoin 
$106,264.64 price Above $109,000 as we move towards the daily close. Although it has not yet managed to return to the safe zone, moving away from the $105,000 support area is positive. What we need these days is for US-China negotiations to turn into a new compromise. So what are analysts’ expectations?
Cryptocurrency Predictions
It’s looking more and more likely that the government shutdown won’t end in October. Today, we talked in detail about why it took longer and the reasons for the lack of resolution. Michael Poppe thinks the end of the government shutdown will be positive for cryptocurrencies. Moreover, by sharing the chart below, he argues that the new ATH route will return once the resistance is broken. Even though the last correction he expected was to an extent he did not expect, the analyst is in a bullish mood.
“Bitcoin It is struggling with an important resistance zone.
If this resistance is broken next week, I am confident we will see a rally towards ATH. What do we need to achieve this?
– The government shutdown must end.
– Gold must come back –> it does not matter whether it is a rotation of money or a shift from risk aversion to risk taking.”
The resistance point pointed out by the analyst is in the $110,500 region, and this does not seem like a very distant possibility. what matters BTCis not in a new fake rise. Even though the China issue is resolved on the US side, the issue of the Netherlands seizing the Chinese company puts things in a deadlock, so it is difficult to be sure of the direction.
We said the data would come. For the first time since January 2018 US inflation data We’ll see it announced on Wednesday. Days before the Oct. 29 Fed meeting, the Labor Department recalled some staff and the report is due Friday. Will there be another report? No, the Ministry is doing this because it is a necessity before the interest rate decision. Forecasts point to an increase in headline inflation, and higher-than-expected figures may upset investors.
NEAR and ETH
Much more popular in 2021 NEAR FTX had suffered fatal blows during its collapse. Afterwards, although he did not experience a rapid recovery until Solana, he saw good days. It is among Poppe’s favorites, and the analyst regrets missing the price that fell below $2.
“NEAR I didn’t expect these levels to happen. However, these are available and I would save here if I had the chance. After LINK, probably the second biggest deal of my life: $2 NEAR.”
Ethereum 
$3,859.56 At the time of writing, he is trying to get back 4 thousand dollars. Sharing the chart above, DaanCrypto described the test at 200EMA as a healthy move. He wrote that $4,100 will be the level to be followed to regain momentum in favor of the bulls.
“If it can achieve this and stay at this level, I am confident that a new all-time high will be reached by the end of the year, especially after so much leverage is removed.
“From now on, it is of course very important to maintain these low levels.”
