Cryptocurrencies Price Prediction: Bitcoin, Ethereum and Polygon – European Wrap 19 October
|Bitcoin open interest skyrockets as investors prepare for BTC price at $250,000
The launch of ProShares Bitcoin ETF has analysts predicting a target of $250,000 for the end of the cycle. Crypto traders have waited a long time to launch the Bitcoin futures ETF, and the upcoming rollout has triggered a rally in BTC price.
Ethereum price to reach $19,000 in the current cycle, suggests ETH trading history
Ethereum has posted better than 900% gains over the past year, offering traders and holders a high risk-adjusted return compared to other altcoins. Ethereum’s historical price action has paved the way for a run to $19,000.
MATIC price primed for 80% breakout as Polygon approaches critical mass
MATIC price has been consolidating for roughly four months and is currently approaching an inflection point. A breakout from this congestion will reward patient investors with a massive bull rally.
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