Despite the carnage that occurred, $BTC remains structurall | GURU SOLL on Binance Square

Trending Articles

Bookmarked and Liked

--

Despite the carnage that occurred, $BTC  remains structurally bullish.
#Alts bore the brunt of ugly scenarios that occurred in the crypto market.
$BTC 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

24

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@gurusoll411

Explore More From Creator

I'm not worried that the bear market has started. This cycle has proven to be different in all ways. Uptober is downtober. #Altcoins didn't break out at the exact same time as previous cycles. #Bitcoin made a new all-time high before the halving. The 4-year cycle doesn't exist anymore and I think we should erase the entire thesis of the 4-year cycle. I think that this cycle is going to be way longer, and I've been mentioning before that I think that we're in Q3 of 2019. That means, 1.5-2 years to go.

--

#RENDER has reclaimed the $2.75 level and has also retested this level. You can open a long position near the $2.75 level. A continuation of the #upward movement is expected. Next #Resistance Area: $3.25-$3.40

--

After the rejection, #Bitcoin dropped to the #support area mentioned earlier. The #price was able to defend the $110,000 level and subsequently bounced back from there. The market is now #trading within a range of $110,000 to $116,000. A close below $110,000 could lead to further declines in the #market.

--

#MAV analysis: #Price is currently retesting the area, and a break above this level will continue the #upward movement. This is a no-trade zone, as a rejection from here will cause the #price to drop. Wait for a clearer movement before proceeding. #Resistance Area: $0.04600-$0.04650

--

We can see another leg down here $BTC can dump to $108k and ETH can dump close to $3800 level. This is a typical market move after a long wick so nothing to worry about. Main bounce should start after 20th Oct once the Oct Fed rate cut fomo kicks in. New ATH by early November. $BTC

--

Latest News

Dogecoin News: Dogecoin Holders Accumulate After 66% Crash — Onchain Data Points to $1.60 DOGE by 2026

--

BNB Drops Below 1,160 USDT with a 4.94% Decrease in 24 Hours

--

Sony's Banking Unit Seeks U.S. National Bank License for Crypto Services

--

Crypto News: Thiel-Backed Erebor Wins U.S. Approval as Silicon Valley Bank Successor Emerges

--

Binance to Introduce Yield Basis (YB) Across Multiple Platforms

--

Cookie Preferences

Cookie Preferences