#Bitcoin gave a strong breakout and printed a new Higher High. Price now going to a retest and expected to reach the top of the zone around $34,900. If Daily candle sustain above the zone then we can see more move to the upside.#BTC
October 30, 2023 ➖➖➖➖➖➖➖ MARKET ANALYSIS: Market Cap.: $1.26 Trillion 24h Volume: $28.75 Billion BTC Dominance: 53% ETH Dominance: 17% Health Standard: 6.3 (1 to 10) Sentiment: 39% (-100% to 100%) ➖➖➖➖➖➖➖ BINANCE ANALYSIS (USDT pairs): Top Gainers 1. SLP: +40% 2. BLZ: +34% 3. POLYX: +22% Top Losers 1. ONG: -16% 2. ONT: -8% 3. JST: -6%
BINANCE FUTURES: Top Gainers 1. BLZUSDT: +34% 2. POLYXUSDT: +23% Top Losers 1. ONTUSDT: -8% 2. FETUSDT: -5%
LARGEST VOLUME (24h) 1. BTC/USDT ($12800m) 2. ETH/USDT ($4900m)
DAILY OUTLOOK SLP, BLZ, and POLYX stand out as the top gainers in the current market trend. BTC notably achieved a positive weekly candle close, hinting at a potential formation of a higher low prior to a significant bullish rally. Although the market remains predominantly bullish, it's important to anticipate minor retracements following each upward surge to maintain a balanced market structure
#Bitcoin gave a strong weekly closing above the zone and still we can see its ranging with a very slow movement. Well, a breakout will decide the next move and expected bullish due to fundamentals. Alternatively, a strong pullback is expected within this week.