Crypto Bottom In? Top Technical Analysts Have Their Say
Crypto markets have been waiting for a volatility cascade after a short pump excited the markets, reaping decent short-term ROIs for traders.
With crypto traders and investors betting on a bullish Nov, as FOMC and Fed decisions loom, Bitcoin and top crypto assets could be preparing for some extreme trades.
Bitcoin price has been trading in the $20,400 range after it broke above the $20,000 psychological resistance around Oct. 17. After a quick pump, prices have been more or less struggling to cross above the $21,085 local top made on Oct 29.
Nonetheless, with a new month beginning and the year-end approaching, analysts are speculating whether a crypto market bottom is in.