Disclaimer: The CoinMarketCap cryptocurrency community price estimate is based only on the votes of its users. Estimates do not guarantee end-of-month prices.
Bitcoin (BTC) reached its highest level in more than a week on Tuesday, September 27, when it surpassed $20,000. Despite this, the cryptocurrency still has trouble breaking out of its narrow trading range.
As a result, several traders and investors are now focusing on the crypto’s next target price by October 31, given the volatility experienced in the crypto market.
In particular, the cryptocurrency community on CoinMarketCap forecasts that Bitcoin’s value will increase by 13.18% from its current level, reaching a median price of $22,857 by the end of October 2022, an increase of over $2,661.
According to crypto trading Michaël van de Poppe, the breakout consisted of a ton of spot volume on Bitcoin. He also suggested that it is a good idea to potentially long Bitcoin and short the dollar and that the flagship digital asset...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...