Bonk Coin is expected to surpass its July high in October according to Technical Indicators.
Bitcoin has been exiting exchanges, suggesting it could be the right time for its new high. The Bitcoin Rainbow Chart flashes ‘BUY’ and there is an indication Bitcoin’s
ATH could be close, although some data suggest a potential $60K plummet.
Binance Coin sees some bearish signs, perhaps signalling a drop to $560.
Altcoins could benefit from Bitcoin dominance struggles and its consolidation below $65K could trigger ALT season. Ongoing Bitcoin ETF inflows highlight rising investor interest. Performance of the
Notcoin and
Baby Doge coin have also been impressive, while
Litecoin may witness a potential hike with whale activity and network fundamentals. The Bitcoin Rainbow Chart signals ‘BUY’ – but timing is paramount. Coins such as
Dogecoin and
Worldcoin could potentially have favourable short-term targets, while some express fears of a big Bitcoin crash while others make bullish predictions. Recent fluctuations in Bitcoin dominance, whale impacts on Bitcoin and the capacity for memecoins like Dogecoin to potentially achieve significant gains strongly indicate a volatile, active market landscape.
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