Guruprasad Venkatesha
Guruprasad Venkatesha 2 minutes reading from Bitcoin

Bitcoin Cash Price Outlook Glum

GM! BTC is still trading in a range within 1-3% volatility in the entire day. We are in the weekend so no big movement can be expected. Sooner or later we will see a direction. Important S/R levels to watch out for will be at 18200/20500 Crypto

ETH has weakened a bit with low volumes. It might test 1220-1280 once again if BTC goes below 18800 but Ethereum looks fine as long as it stays above the 1220 levels. If BTC crosses 20500 then we can see ETH above 1420 levels. ETH has still remained stable post merge!

altcoins are weak since BTC has stuck in a range with repeatedly testing the lower level at the support. If there is a positive sentiment & BTC ranges with a positive bias then we can see them popping up once again. For now they will be weak with some low cap coins much weaker

I won’t change my bag for the next 2-3 years. So it remains the same. BICO DOT MANA MATIC LRC THETA BIT OCEAN CAKE FTT BNB BCUBE RARI NEAR MOVR GALA are my best bets for the next bull cycle in 2024! Crypto cryptotrading 1000x 100xgem Cryptocurrency

Summary: BTC is as boring as writing this report for me now as it’s the same & nothing has changed. Trading is even more boring as hardly there is any volatility. It will remain this way but October is known to be a good month so let’s wait for some +ve surprises! BTC

This post is based on this twitter thread.

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