Ethereum

bullish

Solana

Moon

Coin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/market-insights-reveal-bitcoins-path-towards-79000/" data-wpel-link="internal">Market Insights Reveal Bitcoin’s Path Towards $79,000</a> 
The recent decline in Bitcoin prices appears to be a minor setback, as analysts remain optimistic. Currently, various perspectives on Bitcoin, Ethereum, and Solana provide valuable insights into market dynamics. This analysis aims to shed light on the next targets for these cryptocurrencies. 
<h2 style="text-align: justify" id="what-will-bitcoin-s-price-be">What Will Bitcoin’s Price Be?</h2> 
In a recent market analysis, The Moon highlighted a testing of a descending channel. Following a drop to $65,260, Bitcoin rebounded to $67,000, validating the analyst’s predictions. According to the graph shared by the analyst, the next target is $79,000. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-400192 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/the-moon-btc-hedefi.jpg" alt="" width="2147" height="1206"> 
If Bitcoin continues on this trajectory, it is expected to set a new all-time high (ATH). This would mark an end to a prolonged period of consolidation, likely boosting excitement, risk appetite, and trading volumes in <a href="https://en.coin-turk.com/current-situation-in-the-cryptocurrency-market-bitcoin-ethereum-xrp-solana-cardano-dogecoin-shiba-inu/" data-wpel-link="internal">cryptocurrency</a> markets. 
The same analyst also shared insights regarding whale activity in the market, indicating an impending bullish phase. 
<blockquote> 
 “The number of Bitcoin whales has reached its highest level since January 2021, with 1,678 wallets holding over 1,000 BTC!” 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-400193 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/btc-balina-sayisi.jpg" alt="" width="1280" height="720"> 
<h2 style="text-align: justify" id="updates-on-ethereum-and-solana">Updates on Ethereum and Solana</h2> 
Prominent Turkish <a href="https://en.coin-turk.com/investors-celebrate-bitcoins-promising-rise-as-experts-offer-hope/" data-wpel-link="internal">crypto analyst</a> Efloud updated his outlook on Ethereum (ETH) . Key levels identified in his analyzed charts highlight areas for potential support and resistance, assisting investors in refining their strategies. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-400194 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/sol-coin-tahmin.jpg" alt="" width="1200" height="601"> 
<blockquote> 
 “This was a straightforward analysis. The highlighted area showed a strong reaction, currently yielding a 2.5% profit. If you took on excessive risk, ensure you secure your position.” 
</blockquote> 
Crypto Tony previously advised on entering Solana at $162. Those who acted on this recommendation are currently in profit, with <a href="https://en.coin-turk.com/solana-sol-market-trends-and-whale-transactions/" data-wpel-link="internal">SOL</a> Coin trading above $175, and targets of $188 and $210 back on the radar. 
<img loading="lazy" decoding="async" loading="lazy" class="size-full wp-image-400195 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/efloud-eth-grafik-scaled.jpg" alt="" width="2560" height="1328"> 
The post <a href="https://en.coin-turk.com/market-insights-reveal-bitcoins-path-towards-79000/" data-wpel-link="internal">Market Insights Reveal Bitcoin’s Path Towards $79,000</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Market Insights Reveal Bitcoin’s Path Towards $79,000

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