The post Crypto Market Outlook: Bitcoin Bulls Aim to Reclaim $30k as Altcoins Look for Recovery appeared first on Coinpedia Fintech News
Bitcoin bulls are currently making a determined push to conquer the resistance zone around $27k. Their goal? To reclaim the coveted $30k mark. This move is expected to breathe new life into the altcoin market, led by Ethereum (ETH), which has been showing signs of recovery after weeks of price capitulation.
Moreover, some crypto analysts are predicting that the bearish sentiment that plagued September might be on the way out, with Bitcoin and altcoin prices anticipated to rise in October.
On-chain Analysis: Santiment’s Insights on Bitcoin and Ether
Market intelligence platform Santiment recently conducted an on-chain analysis that sheds light on the current state of Bitcoin and Ether. According to their findings, Bitcoin’s address activity has surged to its highest level this year, coming just six months before the fourth halving event.
#Bitcoin
We współpracy z: https://coinpedia.org/altcoin/crypto-market-outlook-bitcoin-bulls-aim-to-reclaim-30k-as-altcoins-look-for-recovery/
