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Bitcoin is currently testing its support level, and some market volatility can be expected today. In all open positions, use tight stop loss. If the market breaks below the $69,000 level, it will be bearish and lead to further selling.
#BTC
#Halving!
#Solana
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Yesterday 30th Oct 🇺🇸Florida State's Chief Financial Officer endorses a ‘Strategic Bitcoin Reserve’. "Bitcoin is often called “digital gold,” and it could help diversify the state’s portfolio and provide a secure hedge against the volatility of other major asset classes". $BTC #BTCETFDemandSurge $ETH #BinanceBlockchainWeek
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$BTC Bitcoin experienced a rebound after testing the support area of $64,000-$65,000. As of now, we may observe some sideways movement between the support and resistance area. If the price falls below the support area of $64,000, it is likely to push towards the support area of $59,000-$60,000. The resistance area is between $69,000-$70,000. #BTC #BullishOutlook📈 #HalvingCylces
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$BTC Bitcoin liquidation heatmap reveals significant liquidation of short positions around the $68,000 area. Given this data, it's highly probable that the market will prioritize clearing out these positions before making its next move. Traders should monitor this closely as it may impact market sentiment and price action in the short term.. #BTC、 #HalvingCylces
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According to Glassnode's data, there's an interesting trend emerging: daily realized profits have hit a peak at $2.6 billion, with 40% of this figure attributed to long-term holders. While selling activity has decreased overall, it's noteworthy that long-term holders alone contributed nearly $500 million to the $1 billion in profits realized on March 31st. #BTC、 #ETH🔥🔥🔥 #SOL🔥🔥🔥🔥 #WIF
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