Bitcoin gained a 1,20% value during morning hours; the current price is $68.266. Yesterday, a significant development occurred on the Bitcoin side, which reached its new highest peak: the BlockFi and Neuberger Berman joint venture applied to the SEC for a Bitcoin spot ETF. Last month, the two firms had expressed their intention to create a range of digital asset management products and strategies. The SEC has not yet authorized an ETF holding Bitcoin directly, although the deadline for fund manager VanEck to decide on the Bitcoin ETF is November 14.

When we consider the BTC/USDT pair technically, Bitcoin, which continues to move within the ascending channel that exists as of July 20,  hit a new all-time high above $67.000 and closed the day above. There is a buy signal from MACD, 7 and 14-day DEMA crossing. Our next price target is $75.000, which corresponds to the upper band of the channel.

Ethereum lost a 0,15% value during morning hours, and the current price is $4800. More than 800,000 ETH have been burned since the implementation of EIP-1559. Thanks to this, nearly $3.8 billion worth of ETH has been taken out of the supply. ETH, the second-largest cryptocurrency, has gone up by about 59% since the beginning of October.

When we consider the ETH/USDT pair technically, ETH, priced around the uptrend for a month, reached the new peak level of $4822. There's no something new for ETH. We think that the rises will continue towards the $6.000 level for ETH, which has a cup-and-handle pattern in the weekly chart, as we mentioned in the bulletin. Our short-term price target for ETH is $4.950.

AVAX lost a 2,65% value during morning hours, and the current price is $88,49. When we consider the AVAX/USDT pair technically, AVAX broke the compression zone above the transaction volume and went up to $71.50. AVAX had already reached our short-term price target of 79.80 last week. AVAX, which also reached the $97.7 level where our second price target was located yesterday, saw resistance from this zone. There are advantageous pullbacks for AVAX, which has not ended its uptrend yet.

Ripple lost a 0,90% value during morning hours, and the current price is $1,2699. When we consider the XRP/USDT pair technically, XRP could rise again after retesting the downtrend as of October 10. In the daily chart, MACD continues to give a buy signal. XRP closed the day above $1.23 yesterday. We expect the rises for XRP to continue towards our short-term price target of $1.41.

LTC gained a 7,30% value during morning hours, and the current price is $245,9. When we consider the LTC/USDT pair technically, LTC, which moved in the ascending channel as of September 29, had a cup-and-handle pattern in the daily chart, as mentioned in yesterday's bulletin. We mentioned if LTC broke the resistance level of $207 and held onto it in the daily chart, it could rise to $242, the formation target and upper band level. Yesterday it was priced at $205,8. We are in the resistance zone near the upper channel band in LTC, which has reached our target this morning. If the daily close takes place on the upper band of the channel, we expect the rises to continue.

LINK gained a 0,35% value during morning hours, and the current price is $33,64. When we consider the LINK/USDT pair technically, LINK, which moves in the ascending channel as of September 20, faced support from the middle band and began to rise again. The short-term price target is $36,33 for LINK, which has a positive outlook on the daily and hourly metrics.

BAT lost a 1,60% value during morning hours, and the current price is $1,2615. Brave announced plans to support Solana dApps in its privacy-focused browser. Integration with Solana will be completed in the first half of 2022. In addition, Solana will integrate Themis, an advertising protocol based on the privacy of the design, into its network. BAT experienced sharp rises, along with yesterday's news.

When we consider BAT/USDT pair technically, BAT had a stagnated price movement between the zones of Fibo'50 ($0,9629) and Fibo'61,80 ($1,0637), after the sharp price moment. BAT resolved the compression zone and closed the day above $1,2258 (Fibo'78,60). For the BAT, which we expect to hold onto this level, the previous peak level of $1.4685 may continue to rise towards the level.