ryzh313

Bitcoin: what can you expect in October?

BINANCE:BTCUSDT   Bitcoin / TetherUS
Let's think about it... After all, the fate and further vector of the BTC price will be crucial for the entire crypto market. BTC is stuck in a sideways trend between $18,500 - $20,400. Now we are in the middle of these prices... Locally, the price is in an upward channel, but more globally, the price is still in a bearish cycle... Sooner or later, there will be an exit from one or the other channel. I think, the decision will appear closer to November.

Therefore, just be careful when the price approaches the junctions of these channels. In the meantime, you can carefully trade both ways... This is what many people are successfully doing now. There is enough liquidity in this zone, the takeaway is guaranteed!

This is just the beginning...
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.