Bitcoin's price has once again exceeded $65,000, reaching as high as $65,839. However, it needs to maintain its current levels. Although the challenging resistance has been surpassed, more is required for altcoins to gain momentum. Many experts have discussed that with sustained closings above $65,000, targets of $68,000 and $70,000 could be expected. What predictions are there for CAT, BNB, and BTCD?
CAT Coin Commentary
Phoenix has included CAT Coin in its market assessment today. In an evaluation shared on September 23, it was mentioned that new peaks are anticipated. Today, the confirmation of a higher low, coupled with the upward movement gaining momentum, indicates a target of $0.00005 for CAT Coin.
Bitcoin Market Dominance
Daan Crypto Trades has recently focused on the less significant BTCD. Historically, following Bitcoin’s all-time highs, a decline in market dominance is expected, leading to parabolic rallies in altcoins. However, some experts suggest that due to the early observation of ATH, altcoins might rise simultaneously with BTC. Daan noted: 'BTC.D remains high, around 57.5%. The drop last week was minimal, yet altcoins took full advantage and many saw significant increases. Bitcoin dominance has been on an upward trend for over two years. A directional change could lead to significant movements.'
BNB Coin Insights
In a previous assessment, Crypto Tony mentioned that as the CZ discharge approaches on September 29, the price of BNB Coin could rise further. Currently, BNB’s price hovers around the $600 mark, with the analyst targeting more. The key resistance for BNB is established at $635, and closings above this level might lay the groundwork for a new ATH.
Conclusion is key, summarizing the main points and their significance. Bitcoin once again exceeds $65,000, drawing interest to predictions for CAT and BNB, while Bitcoin market dominance plays an important role for altcoins.
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