Will Bitcoin Rally to $35,000? What Does This Mean for Shiba Inu and NuggetRush?
The post Will Bitcoin Rally to $35,000? What Does This Mean for Shiba Inu and NuggetRush? appeared on BitcoinEthereumNews.com.
TLDR Bitcoin appears ready to rise to $35,000 as more investors pull their BTC holdings out of cryptocurrency exchanges. Shiba Inu has recorded multiple developments on its network recently, but SHIB is still struggling. NuggetRush (NUGX) has merged P2E gaming perfectly with the crypto sector. In the cryptocurrency world, October has earned the name ‘Uptober‘ for its historical favoring of Bitcoin (BTC). While Shiba Inu’s (SHIB) recent developments have not influenced its price, optimism surrounds its future. On the other hand, NuggetRush (NUGX) introduces a new concept, merging gaming with crypto, and emphasizes community involvement in its development journey. Can NuggetRush rise to match the potential of well-established giants Bitcoin and Shiba Inu? Let’s discover it here. >> Buy NuggetRush Now << Bitcoin (BTC) Can Hit $35,000 Based On Historical Data Historically, October, often dubbed ‘Uptober,’ has favored Bitcoin (BTC). This month started positively, with Bitcoin (BTC) hitting a six-week peak. If Bitcoin (BTC) breaches the $26,000 to $30,000 range it has held for the last six months, it might pave the way for a substantial rally. Amidst a turbulent week in the cryptocurrency market, BTC remained stable near $28,300 on October 18, 2023. Nevertheless, a massive outflow of Bitcoin from exchange wallets was recorded. According to data from Glassnode, a staggering $250 million worth of Bitcoin (BTC) left exchanges on October 16, followed by an additional $200 million on October 17. On that note, within a few days, from October 14 to October 17, 16,000 BTC coins left exchange wallets. These withdrawals resulted in a significant drop in the overall Bitcoin holdings on these platforms. With lots of speculation dominating the market, Bitcoin (BTC) was trading at $28,375 on October 19, 2023. Analysts expect BTC to keep rising to reach $35,000 by the end of October, powered by increased…
Filed under: News - @ October 22, 2023 6:26 am