Cryptocurrency

<ul class="news-points"> 
 <li>An analyst anticipates that BTC hitting $36K could be a good thing for altcoins.</li> 
 <li>At press time, BTC was trading at $24,446.85 after its price surged 0.90%.</li> 
 <li>Symmetrical triangle formed on BTC’s daily chart suggests a breakout may be on the horizon.</li> 
</ul> 
Cryptocurrency trader and analyst CryptoTony shared in a post on X (formerly Twitter) that he believes <a href="https://coinedition.com/bitcoin-btc-price-prediction/">Bitcoin’s (BTC) price</a> is very likely to hit $36,000 soon, which could be good news for altcoin traders. According to the analyst, BTC’s price may experience a drop after hitting $36K, and as a result, there will be a liquidity inflow into altcoins. 
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 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$BTC</a> / <a href="https://twitter.com/search?q=%24USD&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$USD</a> – Macro Update I still very much expect this to occur. <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a> to hit $36,000, decline, for the liquidity to trickle into <a href="https://twitter.com/hashtag/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Altcoins</a> If you find my charts helpful, sign up to my partners and trade using my link using code M1CZN5 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f449.png" alt="👉" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/AMR0gAWUog" target="_blank" rel="nofollow">https://t.co/AMR0gAWUog</a> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f448.png" alt="👈" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/fR4cS4VP7A" target="_blank" rel="nofollow">pic.twitter.com/fR4cS4VP7A</a>— Crypto Tony (@CryptoTony__) <a href="https://twitter.com/CryptoTony__/status/1719639665333121448?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">November 1, 2023</a>
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CoinMarketCap indicated that, at press time, the <a href="https://coinedition.com/what-is-bitcoin-everything-you-need-to-know/">market leader</a> was still only worth about $34,446.85 after its price managed to climb by 0.90% in the past 24 hours of trading. This meant that BTC was trading right between its 2…
The post <a href="https://coinedition.com/btcs-price-hitting-36k-could-spell-good-news-for-altcoins/">BTC’s Price Hitting $36K Could Spell Good News For Altcoins</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

BTC’s Price Hitting $36K Could Spell Good News For Altcoins

Coin Edition

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