Bitcoin, Altcoins Continue Sell-off: Is Uptober Over?
Bitcoin price looks set to retest the $100,000 level, and ETH falls close to monthly lows as traders struggle to recover from last week’s record-setting sell-off.
Bitcoin price looks set to retest the $100,000 level, and ETH falls close to monthly lows as traders struggle to recover from last week’s record-setting sell-off.
Bitcoin and altcoins struggle to hold their intra-day gains as bears pile into shorts and order books remain thin.
Bitcoin and several altcoins could form a range in the near term as the buyers and sellers regroup to assert their supremacy.
Bitcoin and select altcoins are showing sharp profit-booking by short-term traders, signaling a short-term pause in the rally.
Bitcoin rallied back above $124,000, giving altcoin traders the green light to pile into new long positions.
Bitcoin soared to new highs, falling short of $126,000 by just $30. Altcoin charts suggest ETH, SOL, and XRP could be next.
The crypto market has turned in Bitcoin’s favor as BTC chases new highs and several altcoins move closer to breaking key overhead resistance levels.
Bitcoin’s rise above $117,500 has pulled several altcoins higher, signaling that the bulls are back in the driver’s seat.
The entire crypto market is in a relief rally, but to keep it going, Bitcoin needs to secure a daily close above $114,000.
Bitcoin may have avoided a bearish double top, but a daily close above $107,0000 is needed for confirmation.
Bitcoin fights to hold $112,000 while select altcoins attempt to start a recovery. Will bears continue to sell into each relief rally?
Bitcoin charts hint at consolidation in the $107,000 to $117,500 range for the foreseeable future. Will the predictable price action give altcoins a chance to rally?
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