Post
Topic
Board Service Announcements (Altcoins)
Re: 📌📌 The Best Crypto Telegram Groups to Join in 2022-23 🔥🔥
by
VANDERWEELE
on 10/10/2022, 02:59:52 UTC
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.
I think the cryptocurrency market has been sluggish recently. Do you think this will be a good opportunity to return to the long-term holding market?
Been playing the safe-card since this market downturn but I’m looking at trying BTC to test the market depth this week.But may be it's a necer ending process. When will it end?
Haha, also took a break on the buying itch but I’ll be trying out one blockchain project that’s catching my attention lately and I have great expectations for it.