bullish

Solana

Bitcoin

Read

Coin

<ul class="wp-block-list news-points">
 <li>Bitcoin surged last weekend to fulfill analysts’ expectations.</li>
 <li>A crypto analyst believes BTC’s Monday pullback is good for the market.</li>
 <li>Solana surged to $171, re-establishing bullish momentum.</li>
</ul>
Bitcoin surged last weekend, meeting the bullish expectations of most analysts. BTC hit $69,363 last Sunday before pulling back as we entered a new week. A crypto analyst on the Altcoin Buzz <a href="https://www.youtube.com/watch?v=Gmr_3ittW_s" target="_blank" rel="noopener noreferrer nofollow">podcast</a> says Bitcoin’s recent pullback is temporary and expects the cryptocurrency to move upwards unless it falls below critical support.
The analyst stated that multiple daily candles closing above the $66,000 region have made Bitcoin bullish. He sees that level as a notable resistance, especially with Bitcoin’s recent trend pattern. The analyst believes the $66,000 region has become the support that will fuel Bitcoin’s bullish condition.
<a href="https://coinedition.com/bitcoin-consolidates-near-all-time-high-with-320000-active-addresses/" rel="noopener noreferrer nofollow">Read also: Bitcoin Consolidates Near All-Time High With 320,000 Active Addresses</a>
However, the analyst also pointed out the potential risks of Bitcoin breaking below this support. While he believes Bitcoin’s Monday pullback is temporary, the analyst said that falling below this level could be critical to Bitcoin’s price developm…
The post <a href="https://coinedition.com/bitcoin-solana-surge-market-prediction-hints-at-further-upside/" rel="noopener noreferrer nofollow">Bitcoin &amp; Solana Surge: Market Prediction Hints at Further Upside</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Bitcoin & Solana Surge: Market Prediction Hints at Further Upside

Coin Edition

Other articles published on Oct 22, 2024

Payments Giant Stripe Acquires Stablecoin Platform Bridge in a $1.1B Deal

BRICS Summit 2024: Nations Eye Blockchain to Challenge US Dollar Dominance

Metallicus secures FedNow transaction certification

Uniswap Labs Introduces Ethereum Layer-2, Unichain, to Address Scalability Issues

CrytocoinMiner introduces popular advanced mining equipment to improve new journey of crypto deve...

Analysts Target This Level in the Short Term for Bitcoin! Here Are the Details

Join our free newsletter for daily crypto updates!