Market Analysis of BTCUSDT on Monday 30 October 2023

2023-10-30 19:59Source:BtcDana

BTCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW      

 BTCUSDT is running in  positive trend and its support area is 31634 to 32834 and overall trend  stop loss is 31500.It can rise upward towards 35280 level sharply because it has made irregular correction at top 35280 levels .It has change trend upside in very short term  so now 35280 can come very sharply  in short term.

 QUICK FUNDAMENTAL LOOK                                                                     

The past 24 hours saw Bitcoin’s price consolidate and inch closer to the coveted resistance level of $35,000. It hasn’t been the most impressive story, however, as Axie Infinity (AXS) exploded by a whopping 16% throughout the same period. Bitcoin (BTC) Price Pushing $35K

POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.

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