Bitcoin may get cheaper following S&P 500, while altcoins are preparing for a rise. What are analysts predicting today?

Bitcoin may get cheaper following S&P 500

The first cryprocurrency increases its connection with the S&P 500 index: according to Skew, the correlation level of the two assets have achieved the record level of 77%.

Altcoins are ready to go up

Renown trader Peter Brandt thinks. He published the ETH/BTC chart where he showed the upward breakthrough.

BTC may go to $9,800

Crypto analyst filbfilb published the short-term prognosis of the bitcoin price. According to the trader, the rate broke through the symmetrical triangle by reaching the level of $9,400.

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