Bitcoin dipped below $54.4k, but I think the price action looks fine. This drop could be a wick below the support line, which is common for Bitcoin. The Altcoin market has been holding very strong while the markets are red today. This is a good sign for the crypto market as we approach Uptober.
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Bitcoin has been gradually declining since forming a peak around $61k, and is now trading under $60k price levels again. There’s likely to be a big move once Powell announces the FOMC decision. Bitcoin is trading within the white zone with support at $58,455 and resistance at $60,345. These will be key levels to monitor […]
Read MoreThe Altcoin market is trending for a green day as Bitcoin rebounds back above $60k instead of dropping below $58.5k. I think Altcoins are at risk of dropping still, and I would closely monitor whether Bitcoin gets rejected at $60.3k since BTC will affect the rest of the crypto market. Follow me on social media: https://linktr.ee/realchartchamp
Read MoreEthereum is trading near two key support levels, and is currently holding above $2,340 support. If ETH loses support here I have $1,980 as my next key support target to monitor on the way down. I think Bitcoin’s price action at $60k will affect the entire crypto market here. If there is a rejection ETH […]
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Bitcoin has been gradually declining since forming a peak around $61k, and is now trading under $60k price levels again. There’s likely to be a big move once Powell announces the FOMC decision. Bitcoin is trading within the white zone with support at $58,455 and resistance at $60,345. These will be key levels to monitor […]
Read MoreThe Altcoin market is trending for a green day as Bitcoin rebounds back above $60k instead of dropping below $58.5k. I think Altcoins are at risk of dropping still, and I would closely monitor whether Bitcoin gets rejected at $60.3k since BTC will affect the rest of the crypto market. Follow me on social media: https://linktr.ee/realchartchamp
Read MoreEthereum is trading near two key support levels, and is currently holding above $2,340 support. If ETH loses support here I have $1,980 as my next key support target to monitor on the way down. I think Bitcoin’s price action at $60k will affect the entire crypto market here. If there is a rejection ETH […]
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