BTC TOP 3
BITCOIN STILL CONSOLIDATING
WHEN WILL BITCOIN MOVE?
Ethereum is now on price discovery mode while Bitcoin still hasn’t shown any progress these past few days. Still trading under the previous all-time high, Bitcoin, however, looks ready to pump any time soon.
With big moves Bitcoin has been making these past few days but still hasn’t managed back above the all-time highs, some retail investors may have lost confidence in Bitcoin’s bull trend.
But crypto influencers have been firm on their convictions that we haven’t seen all of it yet.
Don't let these shakeouts break your longer-term conviction. Over the last 2 weeks, BTC whales have actually been adding to their bags. Minnows also stacking, as always. pic.twitter.com/OTyML139zD— Will Clemente (@WClementeIII) October 28, 2021
Whales are still adding and stacking more and more Bitcoin, which means..
In a nutshell: the wall of money is coming— email@example.com (@al_maisan) October 27, 2021
EVERYONE Is Buying Bitcoin:Kevin O'Leary:Full Interviewhttps://t.co/J0VMrG3EOt
Bitcoin monthly chart still looking good and promising as ever. As Scott Melker always says in his vlogs, “When in doubt, zoom out.”
ETHEREUM NEXT TARGET
Ethereum has made a new all-time high but now is just consolidating having under that all-time high acting as resistance.
After Ethereum created a new all-time high, it has shown yet another bullish structure that would lead to another massive move for Ethereum.
TheMoonCarl pointed out an inverse head and shoulder pattern on the 4-hour chart.
With this pattern, we are expecting to see Ethereum hitting $4900.
It seems like altcoin season has started, are you ready for November?
TOP CRYPTO PICKS FOR NOVEMBER
Elrond (EGLD) – basically eth 2.0, a coin that has been just continuing to get attention and growing community, on the verge of launching their technology into the wild; Maiar DEX is launching this Nov – a ‘Uniswap’ for EGLD ecosystem
Polkadot (DOT) – Parachain launch this November.
Moonriver (MOVR) – a Parachain on Kusama, ‘baby brother’ of Moonbeam, a lot of people are excited about Moonriver, is basically ‘Ethereum’ on Kusama
Wilder World (WILD) – an immersive 5D Metaverse built on Ethereum, Unreal Engine 5, and ZERO
Terra (LUNA) – potential 3-digit asset, Over 160 projects will launch on Terra early next year
DISCLAIMER: THIS IS NOT FINANCIAL ADVICE. PLEASE DO YOUR OWN RESEARCH.
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Elisa is our Head of Market Analysis at Rocket Crypto X
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