Bitcoin (BTC) is in line for a continuation of its bull run, fresh analysis says, as BTC\/USD retains its 2.2% daily gains.<\/p>\n
As data from Cointelegraph Markets Pro and TradingViewtracks Bitcoins best day for a week, confidence in higher levels is building.<\/p>\n
Earlier Tuesday, Nov. 2, the largest cryptocurrency abruptly exited a sideways trading channel to add almost $2,000 in just over an hour.<\/p>\n
Amid calls of a potential breakout, popular trader Pentoshi believes that $62,500 may be buyers only chance to buy the dip.<\/p>\n
$BTC any pullback towards 62.5k is a great bid zone to add, he advised Twitter followers alongside an accompanying chart. <\/p>\n
With the Wall Street open around the corner, confidence is firmly evident among market participants, with analyst TechDev calling for a march beyond all-time highs of $67,100.<\/p>\n
Related:Price analysis 11\/1: BTC, ETH, BNB, ADA, SOL, XRP, DOT, SHIB, DOGE, LUNA<\/p>\n
Ether (ETH), the largest altcoin by market capitalization, saw a fresh all-time high of $4,482 Tuesday, days after its previous record.<\/p>\n
The top 10 cryptocurrencies by market cap were led by Polkadot (DOT), up 15% on the day at $52 itself an all-time high after its own October rally.<\/p>\n
Bitcoin de facto hit its worst-case scenario monthly close for October, thus remaining on course to see almost $100,000 by the end of this month.<\/p>\n
Bullish sentiment is also coming from a resurgent altcoin sphere. <\/p>\n
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