The Bitcoin $101,181 price stood at $66,890 at the time of writing and continues its attempts to break daily highs. After rising to the $68,000 mark, the price returned to its former peaks after 78 days. At this stage, traders will monitor whether heavy selling will occur again until the daily close. Perhaps this time there may be a move towards $70,000 to escape the narrow range.
Bitcoin Predictions
I wanted to highlight the assessments shared by three analysts before today’s upward momentum gained pace. This is the best way to see how successful their short-term market predictions are. The first analyst is Jelle, who wrote this about three hours before the U.S. markets opened:
“In recent years, all bull market summer dips ended around October 20-25. If this model repeats, we will see all-time highs within the next 2-3 weeks. The chart looks ready. Are you ready?”
Ali Martinez also attempted to signal this from last week’s data before the recent surge. Nearly $1 billion worth of BTC (15,917 units) being withdrawn from exchanges has emerged as a successful signal before further rises. At least the current chart confirms this.
APT Coin Commentary
An increase in BTC price means that altcoins will also turn upwards. In today’s market analysis, Leevis shared his predictions for APT Coin. Serious losses could be seen if the $9 and $9.7 levels are lost. In the opposite scenario, the analyst aims for much greater rises.
Volumes continue to increase across the market, and at the end of the article, BTC is hovering at $66,880.