š Market Analysis - Oct 29.
Even on weekends, the volume profile remains at its peaks, indicating increased interest from buyers. This is a clear indicator that there's money in the market.
What's fueling this growth?
1. The upcoming ETF. Institutional volumes surpass even those of the largest crypto whales.
2. Global economic instability. BTC and gold correlation - crypto is shifting from "risky" to "safe haven" assets.
3. Halving. One of the strongest rally catalysts.
Sentiment is another strong indicator. Bear market PTSD has shattered the crowd's belief in the possibility of rally - weak hands have already been shaken out of the market.
Now, they will only start entering when they see a pump above $60,000 - and this is the main mistake.
Getting early is the key š
#BTC #cryptonews #crypto $BTC
