A number of Russian analysts spoke about what bitcoin rate the market is waiting for by the beginning of November. Their opinions have both similarities and differences.
StormGain crypto exchange expert Dmitry Noskov notes that the cryptocurrency market is dependent on the markets of classical assets. The latter negatively accept fluctuations in the rates of the US reserve system. The specialist claims that the price of BTC will not rise above $20,000. It is likely that the figures may even drop to $18,000.
Evgeny Yudin, founder of the TON NFT Plus information portal, notes two scenarios. If the Fed keeps the key interest rate, bitcoin will rise to $27,500 by November 1. Otherwise, the rate will remain at $20,000.
Alexey Zyuzin of Crypto Holding does not expect any major jump until the second quarter of next year. In his opinion, BTC next month will be in the range of $15,000 - $20,000
GetMiner believes that the price of bitcoin in November will be about $22,000 - $23,000. At the same time, it is important that there is no negative influence from the world state.
Investor and trader Marat Mynbaev from Amir Wallet argues that it is too early to wait for BTC to rise. This is due to the approach of winter, the increase in electricity tariffs, as well as the political situation. He believes that it is important to keep Bitcoin at $17,500 now. If this is not done, the value of the coin will fall to $7,000 - $10,000 and it will be difficult to correct this situation in the future.
