Bitcoin
BTC$64 236.27

-3.80%

Ethereum
ETH$3 158.67

-3.04%

Tether
USDT$0.999852

-0.02%

Binance Coin
BNB$606.93

0.03%

Solana
SOL$147.73

-6.78%

USD Coin
USDC$1.000087

0.01%

Bitcoin updates highs at $68000, pulling up the overall crypto market


10 Nov 2021

#Bitcoin

Bitcoin has added another 3% since Tuesday morning, pushing to all-time highs above $68K. BTCUSD is up more than 10% in three days of ongoing growth, dragging its overall crypto market capitalisation and gaining speculative interest. CoinMarketCap now puts the value of all cryptocurrencies at 2.944 trillion – one step away from the circular value of 3 trillion. On Bitcoin’s daily charts, the RSI has reached 69, approaching overbought territory. However, this rarely stops such momentum. Bears tend to come into play only at the signs of exhaustion of the upside momentum.

BTC/USD Daily Chart

The rest of the whole crypto market is growing slightly slower than bitcoin, with its capitalisation rising 2.7% to $1.658 trillion in the past 24 hours. The cryptocurrency Fear and Greed Index rose to 84, moving into “extreme greed” territory, where we last saw it on October 21, the previous wave of bitcoin’s highs update.

This market disposition sets the stage for a continued cryptocurrency rally, with new highs for bitcoin and a record update for the entire cryptocurrency market.

As we noted earlier, the prolonged consolidation over the previous weeks has allowed the bulls to gain strength for the current spurt. The recent upside momentum could potentially extend to above $83K, up 22% from current levels. At the same time, meaningful upside and retracement momentum for the entire crypto market suggests a less significant upside potential to $3.1 trillion, up 5.6% from current levels.


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Bitcoin holds its range, but pressure mounts
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Bitcoin looks set to take a severe dive
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Bitcoin set for a deeper correction
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Bitcoin falls under pressure

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 84.4% 25 $64 236.27 -3.80% 4.75% $1 264 805 139 574 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 73.2% 49 $3 158.67 -3.04% 5.31% $385 509 306 079 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 91.6% 1 $0.999852 -0.02% -0.04% $110 447 216 461 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 88.4% 18 $606.93 0.03% 10.61% $89 575 802 259 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 67.6% 71 $147.73 -6.78% 10.27% $66 040 427 220 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 93.6% 2 $1.000087 0.01% 0.02% $33 443 613 205 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 66.8% 62 $0.527628 -4.06% 6.49% $29 087 702 292 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 70.4% 60 $0.151351 -6.56% 2.44% $21 798 428 537 DOGE 7 days price change
9 Toncoin (TON) TON Toncoin predictions 65.2% 66 $5.53 -4.40% -9.19% $19 201 948 482 TON 7 days price change
10 Cardano (ADA) ADA Cardano predictions 65.2% 72 $0.476617 -6.22% 5.71% $16 983 732 684 ADA 7 days price change
11 SHIBA INU (SHIB) SHIB SHIBA INU predictions 61.2% 82 $0.000025 -7.12% 14.30% $14 877 091 584 SHIB 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 68% 66 $35.76 -9.52% 3.68% $13 516 558 275 AVAX 7 days price change
13 Lido stETH (STETH) STETH Lido stETH predictions 96% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
14 Polkadot (DOT) DOT Polkadot predictions 71.2% 64 $6.96 -6.08% 4.48% $10 002 091 467 DOT 7 days price change
15 TRON (TRX) TRX TRON predictions 84.8% 21 $0.114080 0.56% 3.81% $9 990 510 318 TRX 7 days price change

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