Bitcoin strong growth
2024-10-13

According to the latest data that our team receives, we concluded that the global market maker has finished accumulating its three main assets:  BITSTAMP:BTCUSD  ,  BITSTAMP:ETHUSD   and  BITSTAMP:SOLUSD  . The main idea is to realize and lock in profits on these three assets and further profit spillover into altcoins. We expect that in October-November there will be a local growth, which will also trigger the growth of a number of altcoins (local market makers such as GSR, Wintermute and others will start playing out their plans on altcoins). Based on chart analysis, we expect Bitcoin to rise to the $70300-71200 area, which compares to the 1.5 and 1.618 Fibonacci levels respectively; we also consolidate above the 50 EMA. Among altcoins,  BINANCE:WLDUSDT  ,  BINANCE:APTUSD  ,  COINBASE:BLASTUSD  and  COINBASE:DRIFTUSD  look good. Expect localized growth on these assets!

Best wishes, Horban Brothers!
