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Reading: What Happens Now? Cryptocurrencies 8-10 November Predictions
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EdaFace Newsfeed > Latest News > Crypto News > What Happens Now? Cryptocurrencies 8-10 November Predictions
Crypto News

What Happens Now? Cryptocurrencies 8-10 November Predictions

vitalclick
Last updated: November 8, 2024 6:40 pm
5 months ago
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Bitcoin $76,133 The rise in price started to be reflected in altcoins as well. Many cryptocurrencies are focusing on new highs. ADA Coin increased by 20% in the last 24 hours. It is exciting for altcoins in general to see double-digit increases in assets with such large market capitalization. So what are the experts’ current predictions?

Bitcoin (BTC) Expert CommentsLatest Situation in Cryptocurrencies

Bitcoin (BTC) Expert Comments

Rising up to $76,849 in the last 24 hours Bitcoin (BTC) price finds buyers at $76.260, close to the ATH level. Analysts today made evaluations about the current situation and what will happen next. Analyst with the pseudonym Roman Trading expects BTC to form a higher top around $80,000 as the Stoch RSI resets and technical indicators turn bullish on the four-hour chart.

Trader XO, on the other hand, set the course for an increase up to 120 thousand dollars. The price’s ongoing closes above $70,000 created the necessary environment for a gradual rise. The excitement that Trump has brought to the markets is also extremely supportive and we are moving towards six-figure prices.

Mustache is the third analyst and wrote the following;

“BTC My next main goal for may happen as early as this month. “My target this month is $82,000 and you have to imagine what altcoins will do in this environment.”

Although everyone is bullish, the uncertain nature of cryptocurrencies should not be taken lightly. Short-term declines may occur due to unexpected bad news or the onset of voluminous profit-taking waves. Still, the analyst with the pseudonym Rager reminds that investors should not be shaken in bull markets, even if there are withdrawals between 10% and 30%.

This analyst’s perspective is not an exaggeration based on cycle performance to date, as we have seen confirmation of this many times.

Latest Situation in Cryptocurrencies

As we are about to enter the weekend, the increase in the total transaction volume of cryptocurrencies has stopped. In addition to the volume of 136 billion dollars, the total market value jumped to 2.56 trillion dollars. This week’s highest earner altcoins the following happened;

  • CRO 48%
  • NEIRO 47%
  • RAY 44%
  • GOAT 36%
  • ENA 32%

Bitcoin It continues to find buyers at $76,000.

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.

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