This month of October has started on a very remarkable note for the entire cryptocurrency market with ethereum almost recovering back to $4500 and Bitcoin seating above $51k price which is a good sign that October is going to be a remarkable month in the prices of most crypto coins, I will like to see your predictions on altcoins market for October which altcoin do you have faith in and what are the indices that will make that happen?
I think October is going well until today. For the future of altcoins bitcoin have to stable in in these price like 54k-56k. After that the profits of bitcoin will come to the alts.
It is a very good analysis, however if BTC stabilizes at those prices, something that is very possible is to take a liquidity pool to resist possible bears, because it would have an equilibrium and what we commonly call the altcoin season could be generated. However, there is a coin that has always been an example in recent months, and that has been reason to be dedicated in several articles, and it is Solana, Solana has remained with a current price of + 200USD and with the option to continue rising, the Investors are believing more in this coin, from one moment to another it had a fall to 135USD, then its recovery was imminent and while BTC continues to increase or if it stabilizes, this coin may be propelled like a rocket.