Bitcoin 
$110,521.68 price As feared, it breached the $107,000 base and this is a signal for bigger losses. As we move towards the last day of the week and month, Bitcoin’s weakness may cause altcoins to have a terrible close in October. So what’s the latest situation? What are the current predictions for AVAX, LINK and SOL Coin?
Bitcoin Decline and Liquidations
BTC price It has reached a new daily level and continues its struggle to lower the bottom even further. Throughout the week, we talked about how risky gold is at $107 thousand. BTC’s fluctuation between $107 one and $116 thousand was relatively tolerable. However, at today’s point, it is annoying that the price has fallen below 107 thousand dollars again.
But there is no event that would trigger such a big decline. Considering the scenario where any negative development is priced in before it is announced, we can expect a recovery with its announcement. On the other hand, we can also say that the price is speculated for liquidity hunting.
According to Coinglass data, $1 billion in liquidations occurred in the last 24 hours. The important part of this BTC He was in long positions. Yesterday, the Fed mentioned that at least the balance sheet contraction part of the tight monetary policy is over. In fact, this is a QT as the sales that will be stopped as of December will cause growth, albeit slow, in the balance sheet. But cryptocurrencies have been very interesting in the last 24 hours.
AVAX, LINK and SOL Coin
AVAX is about to test $17, the support level that has been tried to protect since March. However, even in the shock drop this month, it quickly regained $ 20. Now, although this decline despite the China agreement was the result of general collapse concerns, it was not triggered by any news. If the selling continues, AVAX may drop to $15.86.
$15.65 LINK Coin The next support point for . This zone could be tested if BTC spends more time at the current level. It is possible that we will then see a larger bottom extending to $12.8. However, I must reiterate that nothing happened to trigger such a huge decline. Although the Nasdaq fell 1.4%, it does not account for the double-digit losses in altcoins.
A possible return for LINK Coin is expected to reclaim $17.24 and $18.
Finally SOL Coin At $180. If it continues, it may test the October 10 bottom at $170. The extent of the fluctuation is better understood here. It is possible that the losses will extend up to $158 and we may see a lower wick due to overselling over the weekend.
