Bitcoin $65,645 price At the time of writing, it is at $66,890 and may continue to make attempts to surpass its daily peak. The price, which rose to the $ 68,000 mark, returned to its previous peaks after 78 days. At this stage, investors will watch whether there will be volume sales again until the daily close. Maybe this time there will be a move to $70,000 to break out of the tight range?
Bitcoin Predictions
I especially wanted to address the evaluations shared by 3 analysts before today’s rise gained momentum. Because this is the best way to see how successful your predictions about the markets are in the short term. Jelle was the first analyst and wrote the following about 3 hours before the US markets opened;
“In recent years, the bull market summer season declines have all ended around the 20th-25th of October. If this pattern repeats, we will see new all-time highs in the next 2-3 weeks. The chart looks ready. Are you ready?
Ali Martinez tried to get the signal from last week’s data before the latest rise. Almost $1 billion BTCThe withdrawal of (15,917 units) from the stock exchanges was a successful signal before further increases. At least the current chart confirms this.
Titan of Crypto is the latest analyst. There were 2 major bullish signals that he noted. The first of these is the exit from the falling wedge formation. The second is that OBV escapes the descending channel. An upward movement may now have begun, without the frightening decline in the short term.
“BTC just broke out of a falling wedge formation. At the same time, OBV (On-balance volume) also escaped the 7-month decreasing channel. With the withdrawals likely completed, this BitcoinIt could be ‘s leap moment.”
APT Coin Review
An increase in the BTC price means that altcoins also turn upward. Leevis in today’s market analysis APT Coin He shared his predictions for. If the $9 and $9.7 levels are lost, serious losses may occur. In the opposite scenario, what the analyst is targeting is much more upside.
Volumes continue to increase across the market and at the end of the article, BTC is stalling at $66,880.
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.