USA today inflation data It was published for the first time before the closure ended. The data was positive. However, BTC price cannot initiate a strong breakthrough above $110,000 due to next week’s tension. On the other hand ETH The price below 4 thousand dollars has started to normalize and this is negative.
ETH Chart Double Top
Ali Martinez is sharing bearish predictions these days. BTC He mentioned that we have reached the peak for now and shared a decline prediction. We shared the details of this for 2 days. Now, he shared the chart below and mentioned that the ETH price has formed a double peak. If he is right, this could herald a new big bottom for ETH at $2,000 and below.
Bitcoin (BTC) and Theta
DaanCrypto was one of the analysts known for his optimism for BTC. BTC, which continues to linger in its range, is accumulating liquidity in both directions. The analyst draws attention to this, and as we have warned throughout the week, we are on the eve of something big. We need to see major movement as we move forward to November 1st for 6 reasons. DaanCrypto also informs investors about the upcoming big move, but the reason he says this is the liquidity accumulated in both directions and he thinks that the move will gain momentum when one of the $115,000 and $106,000 levels is broken.
ThetaCoin Poppe said:
“THETA There is a huge opportunity in the markets as it remains at cyclical lows. This is not a bad situation; only the influence of macroeconomic factors. They continue their success, this time as they have joined the Blockchain Association in the USA. This is a big step as it will encourage the expansion of their relationships within the ecosystem. “I don’t think the current price level will continue for a long time.”
Michael Poppe now predicts a new peak above $3 with a return from the bottom. From the November election victory rally to today, Theta has been falling, and if it were to start a comeback, it could be just in time.
Of course, it could make new perennial lows instead. Although time will tell who is right, there is reason to be hopeful in terms of technical analysis, considering that previous big moves started from current levels.
At the time of writing, CZ continues to accept congratulations. Trump’s pardon was a good thing for the markets in the medium and long term.
