The fact that BTC is above $66,000 and continues to make new highs may rapidly increase the demand for altcoins. Today we will discuss the current predictions of 4 different cryptocurrency analysts about the markets. UNI Coin Which level did the analyst draw attention to on the chart when he said it was time for a breakout?
Bitcoin Predictions
It’s a good Friday for BTC and on the last trading day, cryptocurrencies are on the rise, with the support of the US markets. While most of the altcoins continue the day positively, Mister Crypto after the last $ 50,000 test BTCHe pointed out that ‘s made higher lows. Many times we have seen this analyst comment like “BTC will not return to $40,000”.
However, at that time, investors were exposed to the risk of a sharp decline to $40,000. Drawing attention to the chart in today’s post, the name discussed the weekly outlook, reminding us how wrong investors who expected 30 and 20 dollars were.
“I hope you didn’t wait for 40 thousand dollars like everyone else.”
Ali Martinez: Bitcoin due to the increase in global liquidity 
$65,837 Drawing attention to the rise in and other risk markets, he said;
“Global liquidity increased by $1.426 trillion this week, reaching $131.6 trillion. “Bitcoin and other risk assets are gaining, but this increase in liquidity may carry over into October.”
A third analyst with the pseudonym MustStopMurad wrote that the expected period has begun for altcoins that survived the difficult environment that entered the markets in 2023 and instilled hope in altcoin investors.
UNI Coin Review
Uniswap It is one of the cryptocurrencies that started its fight against the SEC this year and is among the biggest players in the DeFi world. Due to legal pressure and general market negativity, the decline from the peak since March has not been able to overcome the resistance line. However, for the first time in months, BTC escaped from this region with a price increase.
In bull markets DeFi activity increases and it is hoped that this activity will increase exponentially as more experienced investors will be involved in crypto than in the previous cycle. At the same time, issues like FTX have made DeFi transactions more attractive. Crypto Bullet shared the chart above and wrote that the falling trend has been broken and a new period in which double-digit prices will be targeted can now begin.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
