The debate over whether the Segwit2X hard fork on the Bitcoin chain should be implemented or not has become increasingly heated on social media and among industry pundits.

This hardfork of 25/10/2017 will push bitcoin to reach a new all time high price and post new profit for investors .

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The market capitalization of crypto currency has reach today 15,2 Bln, with a btc dominance of 49.8% ? what is an indicator that traders have sell their altcoins to profit from this new surge of price of bitcoin .

Bitcoin :

Bitcoin today has break the support line of 4480 USD as i have post yesterday in my article, now the next target for the price of btc will from 4600 to 5000 usd but before that it’s need to break the resistance level of 4600 USD, now i think that it is too late to get in the wave of bitcoin, but don’t worry, you can get in bitcoin by the second week of novembre because there will be a huge correction of the price of bitcoin on this date .

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Ethereum :

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ETH has been on a rather sluggish ride since its last correction. But, as of this week, ETH has been able to successfully gain some bullish momentum. Currently sitting above its 50-day moving average, ETH has been experiencing solid buy volume over the past few days. The 12-day EMA is still on a steady rise above the 9-day EMA on the MACD , and the RSI is holding its momentum quite well. Lets see if Ethereumcan regain control of uptrend and break to the upside around $320. If this were to occur, bullish momentum would be verified moving forward.


Litecoin :

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The price is going to confirm a pennant chart pattern. This pattern belongs to the continuation group of chart patterns and we should expect for further upward movement. Also the price bounces from thesupport zone formed by SMA20, SMA50 and the uptrend line. RSI confirms price reversal and MACD is going to support upward movement. It’s buy opportunity and we can place pending orders at 53.00 level. Stop orders must be placed at 51.30 level. Profit targets are 55.00 and 60.00 resistance levels.

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Bitcoin ethereum and litecoin -prices analyze 07 octobre 2017