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    Who Will Reach $1 First In 2023?

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    5 Best New BSC Cryptocurrencies To Invest In 2023

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    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

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    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

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    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

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    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

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    Bulls Aim Big After Recent Surge Above $0.5

    Ethereum Breaks USD 4K, Indicators Suggest Short-term Recovery

    Ethereum Price Topside Bias Vulnerable If It Continues To Struggle Below $1,920

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    Optimism Crashes 33% Following Token Unlocks, Why There Could Be More Pain To Come

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    Doge Breaking This Single Level Will Spark Fresh Rally

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    Rally Gathers Pace, $0.55 Target In Sight

    Polkadot Experiences Correction After Reaching $5.54: What’s Next In Store?

    Polkadot Experiences Correction After Reaching $5.54: What’s Next In Store?

    ADA Price (Cardano) Breaking This Resistance Could Spark Bullish Moves

    ADA Price (Cardano) Breaking This Resistance Could Spark Bullish Moves

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    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Best Crypto Exchange Affiliate Programs in 2023

    Best Crypto Exchange Affiliate Programs in 2023

    What does Crypto Index fund Means and How to Invest?

    What does Crypto Index fund Means and How to Invest?

    Who Will Reach $1 First In 2023?

    Who Will Reach $1 First In 2023?

    5 Best New BSC Cryptocurrencies To Invest In 2023

    5 Best New BSC Cryptocurrencies To Invest In 2023

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

  • Analysis
    Bulls Aim Big After Recent Surge Above $0.5

    Bulls Aim Big After Recent Surge Above $0.5

    Ethereum Breaks USD 4K, Indicators Suggest Short-term Recovery

    Ethereum Price Topside Bias Vulnerable If It Continues To Struggle Below $1,920

    ADA Price (Cardano) Plunge To $0.32 On The Horizon As Bulls Show Weak Hands

    Risk of Sharp Drop Below $300

    Optimism Crashes 33% Following Token Unlocks, Why There Could Be More Pain To Come

    Optimism Crashes 33% Following Token Unlocks, Why There Could Be More Pain To Come

    Doge Breaking This Single Level Will Spark Fresh Rally

    Doge Breaking This Single Level Will Spark Fresh Rally

    Ethereum Price Indicators Show Vulnerability to Bigger Correction

    Ethereum Price Key Indicators Suggest A Strengthening Case For Surge To $2K

    Rally Gathers Pace, $0.55 Target In Sight

    Rally Gathers Pace, $0.55 Target In Sight

    Polkadot Experiences Correction After Reaching $5.54: What’s Next In Store?

    Polkadot Experiences Correction After Reaching $5.54: What’s Next In Store?

    ADA Price (Cardano) Breaking This Resistance Could Spark Bullish Moves

    ADA Price (Cardano) Breaking This Resistance Could Spark Bullish Moves

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    Pass Mint for Assassin’s Creed Smart Collectible

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Bitcoin (BTC) Tanks 8%, Will It Go Under $60,000?

2021-11-16
in Bitcoin
0
Bitcoin, Ethereum Price Prediction Today: October 28, 2021
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Final Saturday, November 14, Coingape reported that the long-term Bitcoin holders have began distributing their cash indicating a bearish transfer available in the market and right here have been are at the moment! Bitcoin (BTC) and the general cryptocurrency market have corrected by 8% as of scripting this story.

As of press time, BTC is buying and selling 8% down at a value of $60,549 with a market cap of $1.155 trillion. The fast assist is at $60,000 and searching on the market volatility, BTC can slip below it as effectively!

Based mostly on the technical charts, standard dealer Peter Brandt thinks that the BTC value can right a further 10% from the present ranges and means that he can be shopping for BTC at round $53,000 ranges. Equally, he expects the ETH value to right one other 8% to $4,000 ranges.

Charts of curiosity to me
I’m concerned with shopping for $BTC round $53,000 and $ETH round $4,030 pic.twitter.com/neTqSkEFOR

— Peter Brandt (@PeterLBrandt) November 15, 2021

In his subsequent Tweet, Brandt explains that he’s not prepared to go brief and that he’s not a bear. “These costs are NOT predictions or suggestions. I’m merely concerned with shopping for at these costs if it occurs. Nothing extra. Nothing much less. No hidden message,” he provides.

One other crypto analyst Lark Davis compares at the moment’s value correction with an identical one again in No0vember 2017, earlier than BTC started its mega bull run. He wrote:

November 2017 had a 29% drop, and a loopy single day candle that dropped by 25%!!! The month ended 55% greater regardless of the value drama. Just a few perspective for you!

Courtesy: Lark Davis

Altcoin Market In Deep Pink

Altcoins, which had a dream rally in the previous few months have been hammered as effectively in at the moment’s value correction. The altcoin area has collectively misplaced greater than $100 billion within the final 24 hours.

As of press time, the entire prime ten altcoins have misplaced anyplace between 5-12%. The ETH value is down 8.14% as of press time and is at present buying and selling at $4,330 and a market cap of $512 billion.

Polkadot (DOT) has dropped essentially the most over 10% extending its weekly losses to greater than 20%. One of many latest prime performers Solana (SOL) can also be down by 5% whereas Cardano (ADA) is down by greater than 6%.



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