BitMidas

Bitcoin Trend Analytics October 24

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
End of short-term pullback. Intraday movement is ready to challenge higher targets.
The formulated data is into a consolidation, waiting for a breakout.

The consolidating range now is between $20755.26-$19248.58.

Before breaking up $19985.96, BTC is under pressure. Taking hold of it for 24 hours will short-term bulls lead a rally.

The market expected interest rate hike in November: 75bp(95%),50bp(5%)
Interest rate hikes are expected to slow down since December.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.