Today we will consider many interesting aspects:
- BTCUSDT price behavior
- price behavior of altcoins
- actions and decisions of The FED
- total capitalization of the crypto market

What are the prospects in the future in our opinion for all of the above? Let's try to figure it out!

Let's start with the fact that we described in detail the possible options for the BTCUSD price movement in our previous ideas, in particular here:
Please re-read it to better understand what we will write about next

We assumed that altcoins will start to come to life when the BTCUSDT price starts to move from the first liquidity zone of $20300-20600 to the next one around $23000-23400.
But as we all can see and feel on our deposits, in the last 2-3 days altcoins began to "shoot up" perfectly. Some "heavy" altcoins rise 10-30%, and there were "unicums", the value of which increased by 50-300%.

So far, strong "shoot up" were made by cryptocurrencies with low capitalization, which before that only fell and were not interesting to anyone. The pumping of such coins can be organized for relatively ridiculous money.
The bottom line is that globally, nothing has changed in the crypto market, but a note of positivity has appeared in the minds of many participants.


Positive closing of the October candle and the first important target of $23,000-23,400

In general, October closed with an increase in the BTCUSDT price, which consolidated the status of the "greenest month" in the cryptocurrency market, if you look at the history since 2013.
Also, if you look at the chart above, you will see that November and December have quite good chances to become "green" months.