Bitcoin Price and Ethereum Prediction – BTC Could Target $20,000 If Breaks Above This Level

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Cryptonews News Bitcoin Price and Ethereum Prediction – BTC Could Target $20,000 If Breaks Above This Level
23 Oct 2022 10:35 AM GMT 6 · 4 min read
     
Ali B.
@ali-b
m
Bitcoin Price and Ethereum Prediction – BTC Could Target $20,000 If Breaks Above This Level


Major cryptocurrencies were trading slightly higher early on October 23, with the global crypto market cap at $923 billion, up more than 0.5% from the previous day. In the last 24 hours, the total cryptocurrency market volume was $32 billion, a 39% increase.

The leading cryptocurrency, Bitcoin, is consolidating near $19,216, having gained less than 1% during the Asian session. BTC has formed a symmetrical triangle pattern, and a breakout of this triangle will determine the price action moving forward. Ethereum, on the other hand, is on the rise, having risen more than 1% to trade at $1,313.

Top Altcoin Gainers and Losers
The top performers in the Asian session were Bitcoin Gold (BTG), Aptos (APT), and Huobi Token (HT). Bitcoin Gold (BTG) has gained over 11% to $18.35, while the price of APT has risen by over 29% to $9.59. Moreover, the Huobi Token price rose over 11% to $8.70.