Bitcoin remains on top of the previously achieved $10,700. The sideways trend is accompanied by a decrease in trading volumes, but within the next 24-48 hours, the dynamics of the cryptocurrency may find a new direction. Well-known crypto analysts, including DonAlt and Alex Kruger, have identified $10,800 as a critical level, the reaction to which will determine the dynamics of the benchmark cryptocurrency up to a month ahead.
In a broader perspective, based on the historical analysis of BTC prices, market participants come to the conclusion that against the background of the bullish market and the tendency of Bitcoin to more positive dynamics in October, the market can gather strength for a new breakthrough. The opposite is difficult to expect, as many times buyers do not allow Bitcoin to decline even below $9000.
The dollar experienced a sell-off but rallied back up by the end of the week.…
The new week will be packed with economic data and decisions from key central banks.…
Despite economic factors working against the dollar, its oversold condition helped it this week or…
USDCAD: ⬇️ Sell - USDCAD reversed from key resistance level 1.4500 - Likely to fall…
Solana: ⬆️ Buy - Solana reversed from the long-term support level 113.75 - Likely to…
Adobe: ⬇️ Sell - Adobe broke round support level 400.00 - Likely to fall to…
This website uses cookies