Quote from: Swarthzbaugh on October 01, 2022, 01:56:06 PM

Quote from: Aolikhat on September 21, 2022, 08:21:49 PM

Quote from: hoell on September 21, 2022, 07:10:42 PM

The price of BTC fell sharply again by around 8% in 24 hours after breaking below the 50-day moving average and retesting to confirm support turned resistance. do you think this will continue further?

Currently, funding rates are turning negative again as the price declines from the $24,000 resistance. It is important to note that the futures market expects Bitcoin to fall below this level and possibly make new lows. The resulting selling pressure can lead to higher prices, but markets tend to reverse when funding rates are extremely high or low.

Market looks so worse each week lol. Don't know when this situation will change. Sometimes it is little bit depressive also.
is there any good news so far?

According to history, there is a boom in the month of October. So any time it can change and those who use this chance will be the gainer and those who miss this this chance most probably curse him.