Bitcoin

Show

Coin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-and-altcoins-show-significant-price-movements/" data-wpel-link="internal">Bitcoin and Altcoins Show Significant Price Movements</a> 
We are currently in a unique environment compared to previous bull seasons, with <a href="https://en.coin-turk.com/cryptocurrencies-enter-election-promises/" data-wpel-link="internal">cryptocurrencies</a> experiencing remarkable days. Bitcoin is hovering just below the psychological target of $100,000, a figure that was hard to imagine years ago. As its price approaches six-digit figures, several <a href="https://en.coin-turk.com/how-to-buy-agrello-coin/" data-wpel-link="internal">altcoins</a> are also rallying, achieving massive gains. What price targets do XRP, BTC, and ZIG Coin aim for? 
<h2 style="text-align: justify" id="bitcoin-and-cryptocurrencies">Bitcoin and Cryptocurrencies</h2> 
An analyst known as Crypto Rover noted that the cup-and-handle model for Bitcoin has broken, clarifying the target. Investors have been excited about this major bullish setup due to its long-term potential. Now that an upward breakout has occurred, Bitcoin can proceed towards its target. 
According to the analyst’s chart, the recent breakout suggests that the price may be initiating a new move towards $250,000. The larger the peak, the greater the potential gains for altcoins as Bitcoin’s market dominance relaxes. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-409270 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/bitcoin-fincan-kulp-modeli-hedefi.jpg" alt="" width="1200" height="677"> 
The data source, The Kobeissi Letter, highlighted the significance of recent ETF entries, stating that it is extraordinary. 
<blockquote> 
 “BREAKING: U.S. Bitcoin ETFs have now set a record with 1.1 million Bitcoin. The number of Bitcoin held by U.S. ETFs has doubled in the last year. To put this in perspective, there are currently about 20 million Bitcoin in circulation out of a total supply of 21 million. In other words, ETFs hold 5.5% of all mined Bitcoin. This trend has supported Bitcoin prices nearing the historical $100,000 level, which has risen by 132% so far.” 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-409271 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/btc-etf-girisleri-yogun-talep.jpg" alt="" width="864" height="523"> 
<h2 style="text-align: justify" id="xrp-and-zig-coin">XRP and ZIG Coin</h2> 
XRP Coin is currently trading above $1.40, with over a 15% increase. It is competing closely with <a href="https://en.coin-turk.com/cardano-network-shows-signs-of-growth-and-bullish-sentiment/" data-wpel-link="internal">ADA</a> Coin, which is nearing the $1 mark. Investors are aggressively targeting these two altcoins, disregarding technological advancements and network data. Titan of Crypto commented on XRP Coin: 
<blockquote> 
 “XRP Monthly MAGIC CANDLE… 
 We haven’t seen a candle like this since April 2021. I easily reached my $1 target. As I mentioned, a close above the cloud will likely propel $XRP to its previous ATH!” 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-409272 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/XRP-Coin-fiyat-hedefi.jpg" alt="" width="1820" height="1029"> 
TraderXO, in his latest analysis, set a price target of $0.20 for ZIG Coin. 
<img loading="lazy" decoding="async" loading="lazy" class="size-full wp-image-409274 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/zig-coin-fiyat-hedef.jpg" alt="" width="1826" height="974"> 
The post <a href="https://en.coin-turk.com/bitcoin-and-altcoins-show-significant-price-movements/" data-wpel-link="internal">Bitcoin and Altcoins Show Significant Price Movements</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Bitcoin and Altcoins Show Significant Price Movements

Table of Contents

COINTURK NEWS

Other articles published on Nov 22, 2024

Daman App: Your Gateway to Thrilling Gaming and Betting

CrytocoinMiner offers users the potential for $100 profit per day

Bybit Strengthens Partnerships and Explores Islamic Finance Innovation at Exclusive Forum

Sky Protocol’s Flagship Stablecoin $USDS Expands to Solana

Singularity Finance Strikes Strategic Partnerships to Lead the AI and RWA Economy and Expand its ...

How Q Protocol is changing the future of blockchain governance: Report

Join our free newsletter for daily crypto updates!