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The forecast shows that Bitcoin is attempting to break away from the trading range of the past week, but the longer time frame reveals the potential for Bitcoin price increases.$35000 determines the effectiveness of breaking through the Bitcoin rangeAccording to data from CointelegraphMarketsPro and TradeingView, BTC prices continued to rise until November 2nd

In October, Bitcoin prices surged by 30%, attracting the attention of global investors. The cryptocurrency community is filled with speculation about the future trajectory of Bitcoin, and people's perspectives vary greatly

In terms of demand, bullish expectations surrounding Bitcoin may trigger favorable reactions. Many traders may wish to purchase some Bitcoin at a discounted price before increasing demand and raising the reserve price

Highly anticipated cryptocurrency traders have stated that digital assets are approaching the end of a bear market, while Bitcoin (BTC) is experiencing a decline.According to analysts, Bitcoin is entering a long trading position

On Monday, October 9th, the price trend of DOE caused memecoin to fall below the $0.06 mark, flipping it into the resistance zone

Data shows that since June, the trading volume of Dogcoin has decreased by more than 98%, indicating that investors have lost interest in this meme currency.The 7-day trading volume of Dogcoin has decreased to 37300 transactionsAccording to data from the market intelligence platform IntoTheBlock, activity on the DOGE network has indeed slowed down recently

In the bull market rebound of cryptocurrencies, Ethereum is facing a bear market transformation. Option data shows a cautious attitude, while the weakening of whale interest and the slowdown in internet speed have exacerbated concerns

Multiple ETH signals indicate the possibility of a mitigating rebound. On the contrary, it has been striving to maintain a bullish momentum, which may bring the risk of surrender

After the recent price increase, Bitcoin (BTC) may face the risk of short-term reversal, while the dismal performance of Ethereum (ETH) Futures Exchange Traded Fund (ETF) has also put pressure on cryptocurrency giants.In the short term, the risk of Bitcoin falling seems to outweigh the risk of rising Ethereum's bearish performance has hardly boosted people's confidence in top tier tokens

A cryptocurrency strategist believes that Bitcoin (BTC) is preparing to emulate the strong rebound earlier this year, when its flagship cryptocurrency rose nearly 30% in about a month.Anonymous analyst CredibleCrypto told his 346700 fans on social media platform X that the current price trend of Bitcoin looks similar to the market structure in June, when BTC surged from a low of around $25000 to a high of $31850 in 2023

Buying orders are returning to the Ethereum futures market, indicating that negative sentiment is correcting. However, as the coinSince September 10th, ETH's buy to sell ratio has steadily increasedUnder strong resistance of $2000, ETH investment continues to yield extremely low profitsAccording to the 30 day Simple Moving Average (SMA) evaluation, the buying and selling ratio of Ethereum [ETH] recipients has climbed to its highest level since June 23rd

BTCBitcoin prices between trend lines in inchesAccording to data from CointelegraphMarketsPro and TradeView, BTC/USD is attempting to recover its support level of $26000 after the daily close.Despite legal action and market preparations for a series of macroeconomic data releases in the United States, the two started the week surprisingly calm