Ethereum

bullish

Carl

Bitcoin

Coin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-price-surges-back-to-66300-following-market-opening/" data-wpel-link="internal">Bitcoin Price Surges Back to $66,300 Following Market Opening</a> 
Bitcoin ‘s price has turned upward once again, returning to the $66,300 mark after the opening of U.S. markets. As of the time this article was prepared, BTC was at $65,600, and if the decline does not accelerate, a promising period for <a href="https://en.coin-turk.com/cryptocurrency-market-sees-positive-start-to-the-week/" data-wpel-link="internal">altcoins</a> may commence. Having tested levels above $65,000 countless times in the last 6-7 months, concerns about a drop to $53,000 may arise if BTC fails to achieve success this time. 
<h2 style="text-align: justify" id="bitcoin-expert-predictions">Bitcoin Expert Predictions</h2> 
In the past few hours, BTC has risen rapidly. What do the specialists think about this recent move? We will review various evaluations from many analysts. Carl mentioned that if BTC reaches $67,000, a parabolic rally could begin. He believes the main parabolic rally will start with ETH leading, and for BTC, reclaiming and holding the key level is sufficient. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-397058 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/carl-btc-eth-grafik.jpg" alt="" width="2071" height="1207"> 
Crypto Rover indicated that the weekly MACD is about to signal a bullish trend and shared a corresponding chart. Like many analysts, he expects this upward movement to gain momentum and continue, which sets it apart from previous surges. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-397059 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/btc-rover-tahmin.jpg" alt="" width="2235" height="1204"> 
Michael Poppe commented that this upward movement is beneficial as Ethereum and altcoins are following suit. He noted that capital inflow into <a href="https://en.coin-turk.com/grayscale-and-vaneck-make-moves-in-the-etf-market/" data-wpel-link="internal">crypto</a> markets is increasing and is likely to accelerate, with many altcoins still significantly undervalued, making 5-20x returns not unusual. 
There are expectations that billions in cash refunds from FTX, anticipated in the coming weeks, will provide a lifeline to altcoins, creating the necessary rally ground for potential gains of up to ten times in some instances. 
<h2 style="text-align: justify" id="fet-coin-prediction">FET Coin Prediction</h2> 
Alongside predictions for BTC and <a href="https://en.coin-turk.com/xrp-value-skyrockets-ahead-of-anticipated-hinman-documents-release/" data-wpel-link="internal">altcoin</a> markets, let’s consider an analysis of FET Coin. Efloud updated the FET Coin chart he has been monitoring and shared it about an hour ago, stating: “Profit of 40% was taken with a 50% sale from the red box at the top. The $1.37 region has been marked, and currently, there is a profit of 11.5% from there. You can perform a stop-entry. 50% of the main position remains, and all my add-ons are still in place.” 
<img loading="lazy" decoding="async" loading="lazy" class="size-full wp-image-397061 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/fet-coin-guncel-tahmin-scaled.jpg" alt="" width="2560" height="1328"> 
The post <a href="https://en.coin-turk.com/bitcoin-price-surges-back-to-66300-following-market-opening/" data-wpel-link="internal">Bitcoin Price Surges Back to $66,300 Following Market Opening</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Bitcoin Price Surges Back to $66,300 Following Market Opening

Table of Contents

COINTURK NEWS

Other articles published on Oct 14, 2024

Retardio Coin soars over 100% as trader says this GambleFi token will explode next

Scientists breach cryptographic algorithms with quantum computer: SCMP

BabyCate Announcement: New Listing on BiFinance

Thai SEC Proposes Rules Allowing Mutual and Private Funds to Invest in Digital Assets

Eighteen Individuals and Entities Charged in Massive Fraud and Crypto Market Manipulation

Japan's Largest Telco NTT Digital Joins Injective as the Latest Validator

Join our free newsletter for daily crypto updates!