Bitcoin

Arthur

Sherpa

Coin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/traders-analyze-bitcoin-and-altcoin-predictions-as-markets-react/" data-wpel-link="internal">Traders Analyze Bitcoin and Altcoin Predictions as Markets React</a> 
Bitcoin (BTC) price is hovering around $69,000 at the time of writing. It has recently rebounded from a low of $67,478. In just a few hours, the identity of the new U.S. President will be revealed. Unlike previous elections, Trump’s strong pro-crypto stance has made this election particularly critical. What are experts’ current predictions for cryptocurrencies? 
<h2 style="text-align: justify" id="ftm-and-btc-predictions">FTM and BTC Predictions</h2> 
Popular Turkish <a href="https://en.coin-turk.com/investors-focus-on-altcoins-as-btc-price-rises/" data-wpel-link="internal"></a><a href="https://en.coin-turk.com/analysts-predict-bitcoin-price-surge/" data-wpel-link="internal">crypto</a> analyst Efloud has focused on FTM Coin in his latest market evaluation. He has identified key levels in the accompanying chart. The price is likely to either rise again after touching $0.5353 or continue to decline to $0.4148. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-403455 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/FTM-Coin-analist-yorumu.png" alt="" width="3284" height="1704"> 
In the event of a potential increase, a rally could continue to $1.47 after hitting $0.632 and $0.958. Altcoin Sherpa has noted that the charts will be quite volatile in the next 48-72 hours. 
<blockquote> 
 “Be cautious with leverage and expect confusion on both sides. Seeing some old Arthur Darth Mauls wouldn’t be surprising either. If you’re going to play, definitely reduce your size.” 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-403456 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/btc-uzman-tahmini-4-kasim.jpg" alt="" width="2091" height="1179"> 
The analyst warns that those taking highly leveraged positions face significant risks. While $70,400 and $67,200 are marked as extreme points, deeper and higher peaks might also be in sight. 
<h2 style="text-align: justify" id="top-3-altcoins">Top 3 Altcoins</h2> 
In today’s assessment, Altcoin Sherpa highlighted three different meme coins, stating, “these will perform better than average.” The analyst pointed out the strong upward potential of PEPE, BONK, and WIF Coin, emphasizing their importance in the current cycle. 
<blockquote> 
 “I believe a basket of high/medium-sized memes will outperform many ‘normal’ coins in this cycle. PEPE, BONK, and WIF will show strong rallies later on.” 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-403457 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/wif-coin-analist-tahmini.jpg" alt="" width="2091" height="1179"> 
WIF Coin‘s key levels were shared by the analyst, who believes more developments are on the horizon. If Trump wins the election, rapid realization of these expectations would not be surprising. 
At the end of the article, Bitcoin’s price is reported at $69,218. Altcoins have once again turned green, with BTC‘s recovery causing <a href="https://en.coin-turk.com/recent-whale-activities-boost-doges-market-outlook/" data-wpel-link="internal">DOGE</a> to rise by 6%. 
The post <a href="https://en.coin-turk.com/traders-analyze-bitcoin-and-altcoin-predictions-as-markets-react/" data-wpel-link="internal">Traders Analyze Bitcoin and Altcoin Predictions as Markets React</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Traders Analyze Bitcoin and Altcoin Predictions as Markets React

Table of Contents

COINTURK NEWS

Other articles published on Nov 4, 2024

Bitcoin Price Analysis: New Information Shows The Likelihood Of BTC Hitting $250,000 While ETFSwa...

Chainlink and ANZ Collaborate on Private Transactions for Tokenized Real-World Assets

A Beginner's Guide to Spot Trading in Cryptocurrency

21Shares Pushes to Get SEC Approval for XRP ETF

Ethereum Maintains Support Levels and Attracts Attention from Analysts

Chainlink and ANZ Collaborate on Private Transactions for Tokenized Real-World Assets

Join our free newsletter for daily crypto updates!