BitMidas

Bitcoin Trend Analytics October 17

BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC surged to hold higher prices but failed since last Friday. Now it’s still in the process. BTC chops for a month in a narrow range, cultivating a breakout.

Today the running range is between $20425.29-$18723.45. A 3-day frame is between $21052.60-$17904.50.

Before breaking up $19920.03, shorts take control. Breaking it up for 24 hours will see bulls gathering strength for a rebound before a consolidation on a breakout.

The market expected interest rate hike in November: 75bp(98.1%),50bp(2.8%)

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