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BTC Nears $70k: What’s Next for Crypto? | by Digital Vault | The Capital | Oct, 2024

by SB Crypto Guru News
October 23, 2024
in Altcoin
Reading Time: 4 mins read
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Why I expect BTC to continue its trend

Digital Vault
The Capital

Today, BTC is flirting with the $70k mark, which leads to the big question:
Is BTC heading for $100k, and are we about to see a massive alt season?

PS. If you can’t read this article because of the paywall, you can subscribe here — Wise Healthy Wealth Newsletter. — the perk is you can read all my future medium articles for free and stay ahead of the market with exclusive insights!

Let’s dive into the current landscape.

BTC has been trading within the range of $68.7k and $69.5k, and Bitcoin Dominance (BTC.D) is sitting at 58.44% — with a slight downward trend. Over the past week, BTC’s price has surged by around 10%. Naturally, everyone’s buzzing about a possible alt season, and with good reason. Historically, when BTC begins to stabilize at high levels, we see altcoins explode, creating huge opportunities for those paying attention.

Just yesterday, the market lit up with green. Altcoin holders across the board rejoiced as big green candles shot up across almost every project.

But here’s the real question:

Will BTC keep pumping? And when will we see the true bull run begin?



Source link

Tags: 70kBitcoin NewsBTCCapitalCryptoCrypto NewsCrypto UpdatesDigitalLatest News on CryptoNearsOctSB Crypto Guru NewsVaultWhats
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