5 Cryptocurrency To Buy For Price Boom This Weekend – October 2021 Week 2

The cryptocurrency market continues to inch upwards after a positive week. Its total value has now reached $2.42 trillion, some 7% below its all-time high (from May) of roughly $2.6 trillion. Bitcoin is leading this recovery, having risen by around 26% in a week. However, various altcoins are also playing their part in the rise, with several smaller coins rising by larger percentages. It’s for this reason that we’ve picked 5 cryptocurrency to buy for a price boom this weekend. This covers coins with good short- and long-term potential. 5 Cryptocurrency To Buy For Price Boom This Weekend 1. Bitcoin (BTC) BTC is up by 1.5% in 24 hours and, as of writing, 1.5% in the last hour. At $55,300, it has also risen by 23% in a fortnight and by 18% in a month. BTC’s 30-day average (red) has firmly eclipsed its 200-day average in the past few days, indicating that it’s reaching a new level. Its relative strength index (purple) is veering towards more overbought territory, but it’s clear that its fundamentals remain strong enough to justify this. For instance, US Bank launched its own bitcoin custody service this week. Meanwhile, George Soros’ fund confirmed that it does indeed have BTC in its portfolio (without specifying a quantity or percentage). George Soros’ fund owns bitcoin, CEO confirms https://t.co/IsISSC1hO1 — CNBC (@CNBC) October 7, 2021 Likewise, research from JPMorgan this week indicates that institutional investors are increasingly choosing BTC over gold as an inflation hedge. This suggests that, while BTC may be more expensive than any other coin, it could still enjoy some significant rises in the very near future. Particularly as inflation worsens in various parts of the world. Buy Bitcoin Now 2. Ethereum (ETH) ETH’s price currently stands at $3,656, representing a 1.8% jump in the last 24 hours. It’s also up by 21% in the last week, and by 15% in the past fortnight. It also remains nearly 1,000% up over the last 12 months. ETH’s 30-day average has also decoupled from its 200-day. However, its RSI remains in more moderate territory, suggesting more space for…

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