Bitcoin (BTC) Slips Back Below $20k, As Litecoin (LTC) Price Remains Stable

Bitcoin (BTC) Slips Back Below $20k, As Litecoin (LTC) Price Remains Stable

The Bitcoin (BTC) performance last week was impressive. After a long time, Bitcoin managed to break the $20k mark last week. However, coming into the weekend, the BTC started dropping. As of writing, BTC had pulled back to $19k. Even at this writing, Bitcoin price was still trading below $19k.

The Bitcoin price performance is expected to remain stable in the next few days, even if the market grows bearish. With the price is expected to remain above $18,500k, which is the current support level.

However, Bitcoin might react to FED's move in the next few days. If it is a hawkish FED, then Bitcoin (BTC) might experience selling pressure that will drop the price. Therefore, the FED meeting mid-Oct will definitely have a bearing on the direction Bitcoin will take in the next few days.

If FED raises the rates, then we are likely to see a spike in the selling pressure for most coins, including Litecoin, which has been very stable over the last few days. Litecoin has been very stable this weekend. As of writing, Litecoin was one of the coins that surged and were already in the green by 0.4% in the last 24 hours.

Litecoin had also increased by 1.8% in the past 7 days, making it one of the most stable coins in October. However, the market forces, triggered by many other factors, including hawkish FED, will greatly affect the performance of the coin in the next few days.

So Bitgert and Litecoin coins' performances have been stable this weekend, but the next few days do not promise a bull run. However, crypto experts say that coin like Bitgert (BRISE) and Centcex (CENX) is quite promising for the next few days.

Why Bitgert (BRISE) and Centcex (CENX) Will Do Well In The Next Few Days

The price prediction shows that Bitgert (BRISE) and Centcex (CENX) might be some of the most rewarding coins this month. With crypto analysts saying that Bitgert and Centcex have the potential to explode 3X this month, it makes them the ideal crypto investments.

Therefore, adding Centcex (CENX) and Bitgert (BRISE) to your crypto portfolio might be the best decision today. These are coins that have the potential to explode and make investors rich in the next few weeks. That's why crypto experts have put them among the coins to watch this year.

Related Stories

No stories found.
logo
Analytics Insight
www.analyticsinsight.net