Bitcoin stands at $66,890 at the time of writing and continues to struggle to break the daily high. After rising to $68,000, the price has returned to its previous high after 78 days. At this stage, traders will be watching to see if there is another sharp sell-off before the daily close. Perhaps this time there could be a move towards $70,000 to escape the tight range.
Bitcoin Prediction
I want to highlight the assessments shared by three analysts before today’s rally accelerated. This is the best way to see how successful their short-term market predictions were. The first analyst is Jelle, who wrote this about three hours before the US market opened:
“In recent years, all the summer bull market pullbacks have ended around October 20-25. If this pattern repeats, we should see all-time highs in the next 2-3 weeks. The charts look ready. Are you ready?”
Ali Martinez also tried to signal this from data last week before the recent rally. Nearly $1 billion worth of BTC (15,917 units) being withdrawn from exchanges emerged as a signal of success before the rally continued. At least the current chart confirms this.
Comments on APT coin
A rise in BTC price means that altcoins will also rise. In today's market analysis, Leevis shared his prediction for APT Coin. Severe losses could be seen if the $9 and $9.7 levels are lost. In the opposite scenario, the analyst is looking at much larger gains.
Trading volume continues to increase across the market and at the end of the article, BTC price is hovering at $66,880.
DYOR!#Write2Win #Write&Earn #Write2Learn $BTC