Shiba

Rally

bullish

Solana

Bitcoin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/altcoins-rally-as-bitcoin-targets-63000/" data-wpel-link="internal">Altcoins Rally as Bitcoin Targets $63,000</a> 
Some altcoins have turned upwards as Bitcoin aims to retarget $63,000. <a href="https://en.coin-turk.com/shiba-inu-sees-significant-burn-rate-and-market-value-increase/" data-wpel-link="internal">SHIB</a> gained nearly 10% daily but experienced a slight pullback afterward. This article shares the latest chart insights for SHIB and SEI Coin, focusing on different experts’ recent predictions for both Bitcoin and altcoins. 
<h2 style="text-align: justify" id="shib-and-sei-insights">SHIB and SEI Insights</h2> 
Earlier today, we discussed how <a href="https://en.coin-turk.com/bitcoin-struggles-to-maintain-48000-as-shiba-coin-shows-signs-of-uptick/" data-wpel-link="internal">Shiba</a> Coin’s price could be rapidly triggered by a potential Bitcoin surge. This has indeed happened, with the price finding buyers at $0.00001839 after a 10% daily increase. Considering Shiba Coin’s recent 20% rallies and subsequent corrections due to Bitcoin’s fluctuations, investors are evaluating the chances of a rebound. 
An analyst under the pseudonym Yoddha signaled a breakout for Shiba Coin, predicting a new movement towards $0.00003 in the coming days. The analyst shared a chart indicating a mid-term target of $0.00007. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-394800 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/shiba-coin-analist-yorumu.jpg" alt="" width="1827" height="923"> 
Crypto Tony is focusing on SEI Coin. Assets like SUI and SEI have remained under Solana ’s shadow in the recent bullish period, yet many expect a good start for them this season. Notably, the on-chain activity for SUI Coin has drawn attention. 
For SEI Coin, Tony shared a chart stating, “For my bullish sentiment to remain strong, $0.4 must hold in the daily close.” 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-394801 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/sei-coin-analist-grafigi-scaled.jpg" alt="" width="2560" height="1282"> 
<h2 style="text-align: justify" id="what-will-happen-to-bitcoin">What Will Happen to Bitcoin?</h2> 
Of course, Bitcoin’s rise will determine the prices of altcoins. If Bitcoin does not maintain strength and seeks new lows, we won’t see a favorable scenario for altcoins. The Titan of Crypto wrote that the bullish momentum for the leading <a href="https://en.coin-turk.com/alameda-research-transfers-wld-to-binance-to-pay-creditors/" data-wpel-link="internal">cryptocurrency</a> continues without disruption. Assuming the $60,900 level is sustained, the analyst will consider the latest correction as a reasonable pullback. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-394802 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/btc-dususu-devam-eder-mi-scaled.jpg" alt="" width="2560" height="1530"> 
Lastly, BACH has noted today’s surge. He mentions that closing above the EMA (21-50) cloud on the four-hour chart will support upward momentum. The analyst expresses optimism for the upcoming weeks, stating all data indicates significant rises in altcoins in the last quarter. 
<img loading="lazy" decoding="async" loading="lazy" class="size-full wp-image-394803 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/bach-bitcoin-tahmini.png" alt="" width="1345" height="750"> 
As of this writing, Bitcoin (BTC) stands at $62,679, with daily volume remaining weak. 
The post <a href="https://en.coin-turk.com/altcoins-rally-as-bitcoin-targets-63000/" data-wpel-link="internal">Altcoins Rally as Bitcoin Targets $63,000</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Altcoins Rally as Bitcoin Targets $63,000

Table of Contents

COINTURK NEWS

Other articles published on Oct 6, 2024

Telegram unveils gifts, verification feature as TON fails to pump

Record-Breaking Qubetics ICO Presale Hits $1.15M: Lido Staked Ether and Cardano Hold Robust Funct...

What Events Will Impact Cryptocurrency This Week?

Is Bitcoin Gearing for a Major Move to $65,000? (BTC Price Analysis)

Puffer Finance Unveils Fast Path Rewards, Enhancing Validator Economics

Watch Out: 22 Altcoins Will Have Massive Token Unlocks in the New Week – Here’s a Day-by-Day, Hou...

Join our free newsletter for daily crypto updates!