🚀 Bitcoin's Wild Ride! 🚀
From Oct. 27-29, Bitcoin (BTC) soared 9.7%, hitting a high of $73,575 before cooling off to $71,500 on Oct. 30. But don't sweat the dip! Indicators like derivatives market activity and stablecoin demand hint at a solid rally above $73K soon. 📈
- Bitcoin futures premium hit a 4-month high at 13%, showing bullish vibes.
- Gold also spiked but lost steam due to strong US economic data.
- Despite price pullbacks, onchain metrics show traders are still optimistic.
What do you think? Is Bitcoin set for another moonshot? Drop your thoughts below! 🌕💬