Bitcoin (BTC) $112,758.61 price It is at $110,700 and it is unclear whether the tensions between the USA and China will continue. Although the US Treasury Secretary said some hopeful things, many things will become clear in the coming days and hours. So, what could be waiting for us when we look at the past and try to predict the present for cryptocurrencies?
2014, 2017 Bitcoin Chart
In today’s evaluation, Stockmoney Lizards tried to predict today by looking at the movements in 2014 and 2017. The cycle we are in is very different from others and we have seen this since the bear markets. The analyst with the pseudonym Stockmoney Lizards is also aware of this, but still talks about a repetition.
“Bitcoin It will rise in the coming weeks. It will no longer be like the years 2014-2017 (left part), but the patterns are permanent and will repeat.”
So, although not exactly, the cycle will repeat itself to a certain extent. Accordingly, we can see an increase in cryptocurrencies.
Today in Cryptocurrencies
Alright in cryptocurrencies what’s going on these days? We see both good and bad things for crypto. For example, gold ETFs see billions of dollars in inflows with purchases over 7 weeks. This shows that interest in scarce assets is increasing, and even if cryptocurrencies enter, it shows a positive correlation with gold, albeit with a delay.
Trump called China’s soybean move an “economically hostile move.” Binance launched the $400 million “Together Initiative” with direct USDC payments and a $100 million credit pool. There have been some other important developments in the last few days.
- MetaMask x Polymarket integration has been activated.
- BlackRock is building asset tokenization infrastructure.
- Stripe now supports stablecoin payments for subscriptions.
- S&P Global and Chainlink
$18.90collaborates on on-chain stablecoin risk data.
- NYC Mayor announces Office of Digital Assets and Blockchain.
- VanEck has updated the Solana Staking ETF (0.30% fee).
- Japan has officially banned crypto insider trading.
BTC Although it has moved away from the bottom for now, investors are still nervous. We are halfway through October and a new interest rate cut is expected at the end of the month. We saw that tariff tensions reached their peak and decreased throughout the year, while cryptocurrencies moved in opposite directions. If history repeats itself, cryptocurrencies may continue their rise.