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BTC is driving wonders of rally! $BTC
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What an accurate monitoring by @Ben Walther ! Ben posted weeks ago about RSI monitoring and the price action was nailed. I was trading REEF that time and had nothing to lose, even though I entered early and the PA went against my expectations. I was calm REEF will rebound higher.
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Q3 was unfavourable to cryptocurrencies. From Mt. Gox repayment, Ethereum ETFs, negative market reactions to an unexpected rebound. The Federal Reserve has done its best to deflate the economy. Historically, September is a negative scope, but it has beaten expectations this year. October is known for a bullish track, notably in 2017 and 2021. We witnessed it last year forming peaks along with BTC ETF approval this year.
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Bitcoin held solid on weekend!
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After 2 weeks of correction and buying, BTC will break out 60K+.
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