BTC-ATH

BTC hits ATH and ALTS rip

By Keith Thuerk | New to Crypto's? | 29 Oct 2024


BTC hits ATH and ALTS rip

 

Yesterday I noted a Bull Flag pattern in BTC (see chart below) 

BTC-BullFlag

Today I expected BTC to meander but, no. BTC had other plans. It ripped higher and crossed into the $74,000 level which was a double top from back in Feb of this year. BTC pulled back towards the end of US Equity markets day as you can see from the chart below.

BTC-Today

Doge was up nearly 9% today and is up 22% in past 7-days! To the moon?

Doge-Today

 

 

A rising tide lifts all boat, even my beaten down Theta is up 2.28%, not really chart worthy at this point. Well XRP is not responding too well up only 0.40%. Now that I look BTC's step child ETH is only up 0.40% too. So this rally seems to be a select few, sort of like the equity markets Mag 7. Is the next stop for BTC 100K or will it pull back and build us a nice base and then rip higher?

Credits - TradingView for my charts - all rights remain.

     Blog Pick - YouTube - all rights remain.

 

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Keith Thuerk
Keith Thuerk

Currently learning about Crypto and DeFi to combat the Inflationary Tidal wave coming our way!


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