{"id":138216,"date":"2024-10-01T08:00:24","date_gmt":"2024-10-01T05:00:24","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=138216"},"modified":"2024-09-30T17:21:48","modified_gmt":"2024-09-30T14:21:48","slug":"analyst-predicts-bitcoin-rally-beyond-70k-after-brief-pullback","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/analyst-predicts-bitcoin-rally-beyond-70k-after-brief-pullback\/","title":{"rendered":"Analyst Predicts Bitcoin Rally Beyond $70K After Brief Pullback"},"content":{"rendered":"<p>The analyst, known as Capo, <strong><a href=\"https:\/\/t.me\/CryptoCapoTG\" rel=\"nofollow\">shared<\/a><\/strong> that <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">BTC<\/a><\/strong> might see a minor decline before continuing its upward trend. He forecasts a brief dip, allowing Bitcoin to gain momentum for a rally past $70,000. Capo notes that the <strong><a href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-dips-amid-concerns-over-japans-new-prime-minister\/\">pullback<\/a><\/strong> to the $64,000-$65,000 range is a healthy move before the next bullish leg.<\/p>\n<p>At the time of writing, Bitcoin is priced at $63,750, down over 2% in the last 24 hours.<\/p>\n<p>Capo is also keeping a close eye on the altcoin market, specifically the OTHERS chart, which tracks the market cap of all cryptocurrencies excluding the top 10 coins and stablecoins.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-138187\" href=\"\" title=\"\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\"><\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>He expects OTHERS to pull back to $220 billion before breaking through resistance at $240 billion. After a short correction, Capo anticipates the chart will surge beyond $270 billion. Currently, OTHERS stands at $228 billion.<\/p>\n<p>As October approaches, Capo predicts a period of slight consolidation, seeing it as a time to prepare for potentially significant growth in the coming month. According to him, any upcoming dips should be viewed as buying opportunities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A well-known analyst, known for his accurate crypto predictions, suggests that Bitcoin (BTC) and altcoins are setting up for further gains.<\/p>\n","protected":false},"author":7,"featured_media":102545,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72,71],"coin_category":[],"class_list":["post-138216","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-stablecoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Analyst Predicts Bitcoin Rally Beyond $70K After Brief Pullback - CryptoDnes EN<\/title>\n<meta name=\"description\" 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