BTC price is approaching $35,000, potentially paving the way for other cryptocurrencies to rise.
The approval prospects for a spot Bitcoin ETF in the US have boosted Bitcoin’s price by 27% in October.
Altcoins have also seen strong performance, but it is advisable to stick with the leaders during the next crypto bull phase.
Bitcoin’s important levels to watch are $32,400 and $31,000 on the downside, and $35,280 and $40,000 on the upside.
Ether has successfully defended the $1,746 level and may aim for $2,000 if it breaks above $1,865.
Aptos (APT) is attempting a comeback and may target $8 if it surpasses $7.
Quant (QNT) has potential for a trend change if it stays above the downtrend line and clears $110.
THORChain (RUNE) completed a bullish pattern and may rally to $3.23 if it holds above $2.
Summary:
– BTC price approaching $35,000, boosting sentiment for other cryptocurrencies.
– Stick with leaders during the next crypto bull phase.
– Important levels for BTC: $32,400, $31,000, $35,280, $40,000.
– Ether defending $1,746 level, targeting $2,000.
– Aptos attempting a comeback, targeting $8 if it surpasses $7.
– Quant potential for trend change if it stays above downtrend line and clears $110.
– THORChain completed bullish pattern, may rally to $3.23 if it holds above $2.