Bitcoin 
$66,484 price At the time of writing, it was at $66,400 and dropped to $66,105 on the daily. This decline, which is just before the US market opening, may deepen in the coming hours. So, what are the experts’ predictions in the last hours?
Bitcoin (BTC)
In the chart he shared about 1 hour ago, DonAlt wrote that although the bears are excited and hungry for the decline, it may not be what they want. At the time of writing, the $66,000 level is maintained as support. So, after which level will the rise start again? The anonymous crypto analyst of years gives the answer to this question as follows;
“The short-term time frame is what bears drool over. If we can get back 67 thousand dollars, I think we will have a great upward momentum. By then this looks really awful. However, higher timeframes are good enough to ignore lower timeframes to some extent.”
By sharing the inverted BTC chart, Mikybull tried to prove how much the chart looks in favor of the bulls. rising steadily BTC price Even though it has been consolidated in a narrow range for a long time, it may move towards $78,000.
“This looks great for BTC.”
Volumes are still not at levels reminiscent of bull markets and the importance of the upcoming US elections is high. Predictions aside, Harris leads the election in real polls. This shows that Biden will largely continue his strict crypto policy.
SECConsidering ‘s new cryptocurrency lawsuits, Gensler’s term ending in 2026, and the audits announced to be carried out on crypto companies under various headings next year, these elections may not be good for crypto. Still, monetary easing should yield results in favor of cryptocurrencies, as in previous years.
ETHBTC Analysis
In today’s assessment, Poppe says exciting days are ahead in crypto. ETH He mentioned that this could happen with the strengthening of the price. DXY and the decrease in interest rates will open the door to a period of great rise expected for risk markets.
“Ultimately, it’s all about DXY and interest rates reversal. If this happens, I am sure we will see rapid demand in the ETH ecosystem. Once we get over 0.04, everything will be fine.”
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
