Today, with the US market closing, Tesla, SAP and IBM earnings reports will come and Trump will meet with the NATO Secretary General. Although BTC is stalling at $108,000 as we enter the critical hour, its situation is not that bad compared to the US markets. Alright Bitcoin 
$108,190.87 Who announced the $74,500 target for? Does Henrik Zeberg believe the altcoin bull will continue?
Bitcoin Drop Targets
BTC It has not spent any significant time below $100,000 for a long time, and altcoins nevertheless experienced huge bottoms in October. In other words, a 15-20 percent correction in the BTC price from current levels could ruin the year for altcoin investors. Ali Martinez says that the $119,750 resistance should be pulled back for this exact reason.
If BTC fails to quickly regain the key resistance level, a larger bottom play could be in play between $97,130 and $74,500. For altcoin investors, this would turn into something akin to bankruptcy, considering the already weakened liquidity and over $16 billion in liquidations.
Mister Crypto shared the Bitcoin MVRV chart and wrote:
“MVRV tops for Bitcoin have been following this downtrend for too long. Don’t bet against history… The top may already be here for Bitcoin.”
Altcoin Bull Predictions
Let’s take a look at Henrik Zeberg’s predictions to see how analysts might think 180 degrees differently after 2 major decline predictions. In June this year ETHBTC with the return on parity altcoin bull Henrik, who mentioned that it has started, believes that we have now moved on to the second stage. Saying that everyone is questioning the direction, the analyst wrote that when the second wave jump is completed, we will see a decrease in Bitcoin dominance in the next phase.
The good news is that if BTC is preparing to enter a bearish phase, this will bring a big rise for altcoins. At the time of writing, ETH is stalling at $3,800 and BTC is preparing for volatility that is likely to start in about 1 hour.
The Democrat, Minority Leader of the US House of Representatives, mentioned a few minutes ago that he expects the shutdown to end before the end of October.
DOGE If we take a brief look at the current situation, Carl Moon wrote that we can get rid of this boring interval if the weekly opening is regained.
