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Thursday, November 21, 2024

BTC Nears $70k: What’s Next for Crypto?

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Why I expect BTC to continue its trend

Today, BTC is flirting with the $70k mark, which leads to the big question:
Is BTC heading for $100k, and are we about to see a massive alt season?

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Let’s dive into the current landscape.

BTC has been trading within the range of $68.7k and $69.5k, and Bitcoin Dominance (BTC.D) is sitting at 58.44% — with a slight downward trend. Over the past week, BTC’s price has surged by around 10%. Naturally, everyone’s buzzing about a possible alt season, and with good reason. Historically, when BTC begins to stabilize at high levels, we see altcoins explode, creating huge opportunities for those paying attention.

Just yesterday, the market lit up with green. Altcoin holders across the board rejoiced as big green candles shot up across almost every project.

But here’s the real question:

Will BTC keep pumping? And when will we see the true bull run begin?

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