Bitcoin Fear Index Falls to 29 — Analysts Rank Ethereum, Solana, and MAGACOIN FINANCE as the 3 Best Cryptos to Buy With 1000x Potential

Volatility hit the cryptocurrency market, with Bitcoin briefly hitting a new high of above $113,000 and then falling the following ￰0￱ grew more cautious as the Crypto Fear & Greed Index dropped to 29 due to profit-taking. However, analysts are finding new opportunities in major ￰1￱ and Solana are technically resilient, while MAGACOIN FINANCE is an emerging altcoin with 1000x ROI potential , drawing institutional and retail ￰2￱ altcoins are being ranked among the best crypto to buy going into the next market ￰3￱ Market Turns Defensive as Volatility Returns On October 21, Bitcoin was trading at over $113,000 and soon dropped to close to $108,000 as traders cashed ￰4￱ notes that over 662 million leveraged positions had been liquidated in 24 hours, and it was one of the biggest single-day wipeouts in the current month.

Nevertheless, despite the decline, overall open interest increased 0.3% to $149 billion, indicating that new positions continue to be ￰5￱ to veteran trader Peter Brandt, the present chart of Bitcoin resembles the soybean bubble of the ￰6￱ observed that the pattern of broadening the top usually leads to deep ￰7￱ said that soybeans hit such a peak in the 1970s and then lost half their ￰8￱ analysts suggested that in case such a scenario is replicated again, Bitcoin might hit prices close to $60,000.