Bitcoin (BTC) 
$67,537 The fact that it is stalling above $68,000 and maintaining the key zone is a positive for now. We are now coming to the end of October and there are US elections at the beginning of November. This major event is expected to increase volatility even further. So what are the experts’ predictions today? cryptocurrency What awaits investors?
Crypto Cycle Summit
In today’s market analysis, Mikybull wrote that the total value of cryptocurrencies could reach up to 9 trillion dollars. The analyst, who found this figure by comparing it with previous cycle movements, expects upward movements similar to previous breaks. If he is right, we can see a more than 10-fold increase in altcoins.
We said BTC was above $68,000, but when the US markets opened at the time of writing, it fell back to the $67,900 region. But based in the USA spot Bitcoin ETF Its demand reached 64,962 BTC in the last 30 days. Much more than what the German government sold. 30-day net flows also reached the highest level in 6 months.
Increasing institutional demand confirms the strong bullish sentiment and also helps reduce the supply in the stock markets. Nearly 2 thousand companies already have reserves BTC ETF There is, and this figure is a historical success for an ETF that is not even one year old.
Bitcoin and FLOKI Review
In today’s market analysis, Jelle is now overcoming both resistances. BitcoinHe wrote that the way was paved for . Although it is possible for resistance to be tested as support, the analyst now expects the upward momentum to strengthen.
FLOKI Coin Since it has made higher lows, Jelle mentioned that the bullish sentiment is strong here as well.
“FLOKI continues to make higher lows and has now also turned the 200-day EMA into support.
“He is patiently waiting for Bitcoin to make its big move, and when it does, it looks poised for a hard rally.”
The target on the daily chart is $0.00033, above which it should now break new all-time records. The fact that higher lows are being made for now confirms the bullish sentiment among investors and opens the door to new highs.
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.
