Even though the indicators didnt flash a weekly sell signal last week on btc. These signals have flashed for many of the blue chip cryptos out there. Some of them are getting it now.
Like planned. The dump was expected. October 18th is the First BTC ETF hearing. If that gets passed. We will see massive institutional money coming in. First ETF is on the 18th and 4 more from 25th October to first week of November.
We need to first confirm if btc holds 42k as support. If we break 42k, 38k usually comes into play. Not sure though, the whales might manipulate the price scaring out the weak hands and buying up more btc.
NO TRADE ZONE.
Best option is to DCA into coin m future coins and long them to gain more coins when the price goes up. :)
Like planned. The dump was expected. October 18th is the First BTC ETF hearing. If that gets passed. We will see massive institutional money coming in. First ETF is on the 18th and 4 more from 25th October to first week of November.
We need to first confirm if btc holds 42k as support. If we break 42k, 38k usually comes into play. Not sure though, the whales might manipulate the price scaring out the weak hands and buying up more btc.
NO TRADE ZONE.
Best option is to DCA into coin m future coins and long them to gain more coins when the price goes up. :)
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