How high are the chances of Bitcoin sustaining its gains and pushing altcoins higher?

Bulls stay in management within the cryptocurrency market. Nevertheless, not all main cash are within the inexperienced. 

Prime cash by CoinMarketCap

BTC/USD

Patrons remained energetic yesterday, and the Bitcoin (BTC) value continued to rise. Through the day, the pair broke via the psychological degree of $50,000, and a brand new bullish impulse pushed the BTC value as much as $52,000 on the finish of the day.

BTC/USD chart by TradingView

A brand new October excessive was recorded at evening close to the extent of $51,915. 

Even if the shopping for quantity has decreased this morning, the worth has held above the $50,000 barrier and will proceed rising in the direction of the resistance of $58,000.

Bitcoin is buying and selling at $54,922 at press time.

DOGE/USD

DOGE is the one loser from the checklist, with the coin’s value shedding 1.68%.

DOGE/USD chart by Buying and selling View

Regardless of at this time’s drop, DOGE is trying extra bullish than bearish. The altcoin has bounced again the assist at $0.1940 and glued above it. The buying and selling quantity can be excessive which signifies that bulls are prepared to keep up the momentum. 

On this case, the take a look at of the resistance at $0.3495, the place bears might seize the initiative, is the almost definitely state of affairs. 

DOGE is buying and selling at $0.2561 at press time.

SHIB/USD

SHIB is the largest gainer at this time, with its value rocketing by round 25% since yesterday.

SHIB/USD chart by Buying and selling View

SHIB has seen three days of development, and there’s a excessive probability of seeing a short-term correction to the excessive of the day gone by round 2010 satoshi. If bulls fail to carry this degree, the correction might proceed to the zone of 150 satoshis.

SHIB is buying and selling at 2,205 satoshis at press time.