The anticipated non-farm employment data, initially scheduled for release tomorrow, has been postponed to the following week due to the ongoing government shutdown. Meanwhile, Williams from the Fed has expressed support for further interest rate cuts, with Bitcoin 
$75,226 hovering steadily above $123,000. The cryptocurrency market remains stable for the time being. Speculation arises regarding the target price for ZEC Coin according to Martinez, while Sherpa provides insights into what the BNB chart reveals.
Target for ZEC Coin and Bitcoin Market Dominance (BTC.D)
Earlier today, we explored the reasons behind the upward trend of ZEC Coin, highlighting why it is a significant movement. News flow triggers significant fluctuations in certain altcoins, and the firm stance of the Bitcoin price continues to be a positive indicator for this trend. This is why the live stream in the news section of the CryptoAppsy application could be especially beneficial in October. The app is available for download on both iOS and Android.
Turning back to ZEC Coin, Ali Martinez emphasizes the importance of the $290 resistance level. Should ZEC Coin manage to close above this threshold, it could attain its historic peak at $650.
What is the status of Bitcoin market dominance (BTC.D), which is crucial for altcoins? The rise of BTC.D has been ongoing, and the analyst known as DaanCrypto is pleased with this recovery, which reflects the strength of Bitcoin demand.
What About Altcoins?
“I believe this rise could reach around 60% until altcoins catch up again. I still consider it a bounce within a larger decline in the Bitcoin Dominance chart.
Personally, I maintain a portfolio approximately equally divided between BTC, ETH, and Altcoin spot positions, as it has been for some time.”
BNB Coin Price Target
October has been unique, allowing patient investors who bought BNB below $20 to sell it for more than $1300. The growth observed over the years was astonishing. Moreover, the analyst known as Sherpa believes the upward trend continues.
“I think the situation looks good at the moment, but I would worry if it loses the 1250 level on HTF (long-term) charts. I assume the direction is still upward for now, though I am aware it looks a bit like distribution. I will remain firm on this.”
