Bitcoin $76,133 price continues to make new highs and altcoins are up significantly this week. However, BTC has not yet reached the targeted cycle peak. So what are the expectations for November? We saw that historical data was right again with this week’s big rise. Now let’s take a look at the current evaluations of experts.
Google Trend and Crypto
cryptocurrencies As we race to the top, Google searches also hit new peaks. What we are seeing here is the fact that new investors are flocking to the markets. If Google searches are rising, expect more liquidity, more investors, and more bullishness for cryptocurrencies. Miles Deutscher shared the trend data in his evaluation today and wrote:
“Individual investors are not here yet.
This is just a preliminary preparation for those who are already cryptocurrency investors. But don’t worry, they will come to cryptocurrencies in droves as their upward movements continue for a few more months.”
This indicator tells you that your barber or your neighborhood grocery store hasn’t really started talking to you about cryptocurrencies yet. Once everyone starts talking about it and the Google trend data reaches its peak, what you need to do is start taking profits. For now, the necessary environment for sales does not seem to have been created, at least according to historical data.
Bitcoin and LINK Coin
Michael Poppe in his latest market analysis published an hour ago LINK Coin price He announced his current goal for . LINK Coin, which has successfully completed the upward break at its current level, may rise by 37 percent to $ 17.83 in the coming days. For this, continuation of closings above $ 13.22 is required.
The analyst nicknamed The Moon also wrote that Bitcoin formed a rising triangle formation in the chart below. The target is $81,000 and we are already a thousand dollars above the price when he shared the chart. Moreover, the breakout level at $77,000 was tested.
Bitcoin price is at $76,854 at the time of writing. The fact that it continues to linger near the resistance point says that we may see another rise of 5.38 percent in the coming hours.
Binance “(This is) just the beginning,” former CEO CZ tweeted at press time. He’s confident we’ll see more, too.
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.