BTC price is approaching $35,000, potentially opening the door for other cryptocurrencies to move higher.
Hopes of a spot Bitcoin ETF approval by the SEC boosted Bitcoin’s price by 27% in October.
Altcoins have also seen a strong performance, with some likely to lead the market higher.
Bitcoin’s important levels to watch are $32,400 and $31,000 on the downside, and $35,280 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 rally towards $8 if it overcomes the $7 obstacle.
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 target $3.23 if it holds above $2.
Summary:
– BTC price is approaching $35,000, with key levels at $32,400 and $31,000 on the downside, and $35,280 on the upside.
– Ether may aim for $2,000 if it breaks above $1,865 and successfully defends the $1,746 level.
– Aptos (APT) may rally towards $8 if it overcomes the $7 obstacle.
– Quant (QNT) has potential for a trend change if it stays above the downtrend line and clears $110.
– THORChain (RUNE) may target $3.23 if it holds above $2.
