Bitcoin

when

Coin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/market-trends-indicate-potential-growth-for-altcoins/" data-wpel-link="internal">Market Trends Indicate Potential Growth for Altcoins</a> 
Bitcoin (BTC) price continues to hover around the $89,900 mark, with XRP Coin currently benefiting from the situation. It appears that Gensler is likely to resign soon. This development is expected to positively impact all <a href="https://en.coin-turk.com/pancakeswap-boosts-cake-token-price-with-strategic-burns/" data-wpel-link="internal">altcoins</a>, at least supporting the rise of XRP Coin and <a href="https://en.coin-turk.com/charles-hoskinson-reaffirms-commitment-to-cardano-dismisses-exit-rumors/" data-wpel-link="internal">ADA</a> for now. What are the latest predictions from experts? 
<h2 style="text-align: justify" id="will-altcoins-rise">Will Altcoins Rise?</h2> 
Despite a dip in BTC price, it still maintains significant levels, and its consolidation around $90,000 is seen as positive. A continuous rise would make trading straightforward for everyone. Therefore, the periodic declines in <a href="https://en.coin-turk.com/investors-increase-inflows-into-crypto-assets/" data-wpel-link="internal">cryptocurrencies</a> are meaningful. An analyst known as Crypto Rover shared a chart indicating that the expected breakout for BTC has already occurred. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-407114 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/btc-dongu-hedefi-15-kasim.jpg" alt="" width="1200" height="677"> 
If Rover is correct, BTC should soon rise to $150,000. Michael Poppe noted the following about altcoins: 
<blockquote> 
 “Markets are undergoing a slight correction, but the trend is upward. Altcoins will likely continue moving upward, and I am buying the dip. I expect a turnaround within the next 1-2 weeks.” 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-407115 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/altcoinler-analiz-poppe.png" alt="" width="2242" height="1186"> 
The analyst anticipates that the market value outside of BTC and ETH will rebound to $1.12 trillion, currently sitting at $746 billion. 
<h2 style="text-align: justify" id="comments-on-near-coin">Comments on NEAR Coin</h2> 
In today’s analysis, Waleed examined the position of NEAR Coin in BTC pairing. He mentioned that an upward trend has begun from the bottom and expects at least a 100% increase in BTC pairing. If this increase occurs when BTC hits six-digit prices, NEAR Coin may reach new historical highs. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-407116 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/nearbtc-scaled.jpg" alt="" width="2560" height="1417"> 
The same analyst’s evaluation in dollar pairing is also impressive. In an environment where the $5.32 level is maintained, he targets $7.42 and $9. Notably, the last BTC surge has yet to be fully priced for altcoins. 
<img loading="lazy" decoding="async" loading="lazy" class="size-full wp-image-407117 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/nearbtc-grafigi-scaled.jpg" alt="" width="2560" height="1417"> 
When BTC was priced at $70,000, altcoins were far beyond their current levels. However, despite this obvious opportunity, traders remain hesitant due to various risks and erratic movements experienced in recent months. Another crucial detail is that while BTC targets new all-time highs, many traders are looking to capitalize on this situation. Many experienced traders, guided by past cycle experiences, prefer to earn profits with BTC first and then catch the upward movements in altcoins to multiply their gains. 
The post <a href="https://en.coin-turk.com/market-trends-indicate-potential-growth-for-altcoins/" data-wpel-link="internal">Market Trends Indicate Potential Growth for Altcoins</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Market Trends Indicate Potential Growth for Altcoins

Table of Contents

COINTURK NEWS

Other articles published on Nov 15, 2024

Spot Bitcoin ETFs see negative day with $400.6m net outflows

3 Altcoins Primed for Gains With Trump’s Return to the White House

GIGA Token Holder Loses $6.09M in Phishing Scam

Binance Co-Founder Yi He Denies Claims of High Listing Fees on the Exchange

Coinbase challenges traditional payment giants with a new ‘tap to pay’ feature

Michael Saylor predicts Bitcoin will soar to $100k amid Trump’s pro-crypto administration

Join our free newsletter for daily crypto updates!