cryptd.in

Εναλλακτική LinkedIn για τα ταλέντα που είναι φιλικά προς την κρυπτογράφηση

Top Bitcoin (BTC) Price Predictions Following the Crash: New ATH in Sight?

-

από

cryptd.in
στο

“Uptober’s” legacy was put to the test towards the end of last week when US President Donald Trump threatened to impose 100% tariffs on crucial Chinese technology products. The crypto market nosedived immediately after the announcement, with Bitcoin (BTC) briefly crashing to as low as $101,000 on some exchanges.

In the following days, though, the bulls reclaimed much of the losses, and now the big question is whether the asset is ready to soar to a new all-time high during this cycle.

More Room for Growth?

As of this writing, BTC trades well above $115,000, representing a 3.5% increase on a daily scale and a substantial resurgence from the local low. Many analysts believe the worst is over, while some, like Alex Becker, think this could have been the actual “start of the bull market.”

He υποστήριξε το that the market has been quite “boring” lately and that the crash put a “zesty sauce” that could bring some necessary dynamics to the sector. Becker claimed that the collapse was nothing more than an “overreaction” to Trump’s announcement, describing it as “the most manipulative dump in the history of crypto.” According to him, BTC may reach a new historical peak as early as this week, suggesting that “selling right now could be the stupidest thing you could ever do.”

The veteran trader Peter Brandt also chipped in. He assumed that BTC, as well as some leading altcoins like ETH, XRP, and XLM, remain in a good position to attack fresh tops.

For his part, X user Ted told his 213,000 followers that the primary cryptocurrency could reach a new ATH if it reclaims the crucial resistance level of around $117,500.

Exploring Some Indicators

Multiple important metrics, such as BTC’s exchange reserve, support the bullish theory. CryptoQuant’s data indicates that the amount of BTC stored on crypto platforms recently dropped to a seven-year low of approximately 2.43 million assets.

BTC Exchange Reserve
BTC Exchange Reserve, Source: CryptoQuant

Next on the list is the popular Fear & Greed Index, which measures the overall market sentiment across investors. On October 12, it plunged to 24, the lowest point since April this year, while currently it is set at 38, which is again “Fear” territory.

BTC Fear & Greed
BTC Fear & Greed, Source: alternative.me

This development signals that many market participants show signs of panic and pessimism. However, the crypto market is an unusual one, and it often moves against the crowd’s expectations. This is why Warren Buffett’s timeless principle – to be greedy when others are fearful and fearful when others are greedy – has become increasingly relevant in the volatile sector.

Η θέση Top Bitcoin (BTC) Price Predictions Following the Crash: New ATH in Sight? εμφανίστηκε για πρώτη φορά στο CryptoPotato.

Σχόλια

Αφήστε μια απάντηση

Η ηλ. διεύθυνση σας δεν δημοσιεύεται. Τα υποχρεωτικά πεδία σημειώνονται με *

Τελευταίες τροφοδοσίες

Δημοφιλείς κατηγορίες

el Ελληνικά
el Ελληνικά en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

Αναζήτηση στον ιστότοπο

Δημοφιλείς ιστορίες

Ετικέτες

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (400) #BitcoinETF (3) #BitcoinΒασικά στοιχεία (1) #BitcoinHandling (1) #BitcoinPrice (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Δοκιμές (1) #BTCαπόκτηση (1) #BullishPrediction (1) #BullishSentiment (1) #ChineseMining (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (71) #DogecoinGains (1) #DogecoinΌγκος (1) #DutchCourt (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (65) #EthereumPain (1) #EthereumPrice (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) 1TP5FinancialImpact (1) #FinancialPrivacy (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) 1TP5Investment (1) #InvestmentLoss (1) #JapaneseFirm (1) #LegalAction (1) #LegalImpact (1) #Νομοθεσία (1) #LightningNetwork (1) #MΑνάλυση αγοράς (3) #MΠαρακολούθηση της αγοράς (1) #MΠρόβλεψη αγοράς (1) #MΠροβλέψεις για την αγορά (1) #MarketProjection (1) #MarketSupport (1) #Mμεταβλητότητα της αγοράς (1) #MΓάμος (1) #MemeCoin (5) #MemeCoins (2) #MinerProfitability (1) #MoneyLaundering (2) #MtGox (4) #NorthKoreaCrypto (1) #NovogratzΠρόβλεψη (1) #PriceMilestone (1) #PricePrediction (2) #PriceQuestion (1) #PriceSurge (1) #PrisonSentence (1) #QuantAnalysis (1) #RegulatoryPressure (1) #SECAntiCrypto (1) #ShibaInu (5) #SocialBuzz (1) #Tτεχνικήανάλυση (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XRΤιμή (1) #XRPupswing (1)

Χρήσιμοι σύνδεσμοι

Σύνδεσμοι που βρήκα χρήσιμους και ήθελα να μοιραστώ.