bullish

Bitcoin

Momentum

Chainlink

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-price-recovers-as-altcoins-gain-momentum/" data-wpel-link="internal">Bitcoin Price Recovers as Altcoins Gain Momentum</a> 
The price of Bitcoin rebounded to $63,000 while altcoins saw gains exceeding 3%. On the last trading day of the week, <a href="https://en.coin-turk.com/uniswap-uni-takes-the-leap-announces-deployment-on-polkadot-dot-to-boost-liquidity-and-volume/" data-wpel-link="internal"></a><a href="https://en.coin-turk.com/crypto-analysts-share-bold-predictions-for-2025-bitcoin-ethereum-and-solana-prices/" data-wpel-link="internal">cryptocurrency</a> exchanges were also influenced by SPX performance, with MSTR and COIN stocks gaining between 5% and 10%. This raises the question: Is it the right time to buy <a href="https://en.coin-turk.com/chainlink-link-bulls-regain-momentum-following-temporary-value-loss/" data-wpel-link="internal">LINK</a> Coin? 
<h2 style="text-align: justify" id="insights-on-link-coin">Insights on LINK Coin</h2> 
Chainlink (LINK) has established a strong presence in blockchain-based data feeds within the DeFi sector, showcasing significant long-term growth potential. However, the token has not performed as expected due to a prolonged focus on secondary benefits. The recent activation of staking pools has partially addressed this issue by involving investors in the network’s mechanics. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-396541 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/link-coin-son-grafik-scaled.jpg" alt="" width="2560" height="1282"> 
Crypto analyst Tony indicated that a recovery above the $12.80 support level could signal a buying opportunity for LINK Coin. This point is crucial for LINK, while a drop below $9.40 is being targeted as support. 
<h2 style="text-align: justify" id="expectations-for-the-cryptocurrency-markets">Expectations for the Cryptocurrency Markets</h2> 
Kyle noted that current cryptocurrency trends remind him of the years 2013 and 2020. He stated that knowledgeable long-term investors are likely to notice this, and with increasing liquidity, a bullish trend that many have anticipated will eventually commence. According to the following chart, the first peak has formed, and the market must soon mobilize for a second peak. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-396542 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/bitcoin-2025-tahmini.jpg" alt="" width="1280" height="728"> 
<blockquote> 
 “The cryptocurrency bull run reflects the surges of 2013 and 2020, signaling a second peak fueled by knowledgeable long-term investors. 
 As interest rate cuts approach, liquidity may increase, yet price movements might be rushed due to market excitement. 
 Buckle up for a long journey; positive momentum could yield returns by 2025.” 
</blockquote> 
Conversely, long-term Bitcoin investors report significant buying activity. Crypto Rover shared the following chart, reminding us of the strong bullish expectations among experienced investors. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-396543 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/bitcoin-uzun-vadeli-yatirimci-grafigi.jpg" alt="" width="1199" height="675"> 
This suggests that further increases in both Bitcoin and altcoins are imminent. BTC is currently up 6%, priced at $63,224. As previously mentioned, SHIB has also seen double-digit gains. 
The post <a href="https://en.coin-turk.com/bitcoin-price-recovers-as-altcoins-gain-momentum/" data-wpel-link="internal">Bitcoin Price Recovers as Altcoins Gain Momentum</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Bitcoin Price Recovers as Altcoins Gain Momentum

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