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Bitcoin shrugs off BlockFi, China protests as BTC price holds $16K
BTC price action heads higher with Bitcoin joining Asia stocks in a rebound despite FTX pressures continuing.
https://ct.com/b6h4
$3 billion in Bitcoin left exchanges this week amid FTX contagion fears
It appears that more investors are choosing to self-custody their BTC funds in the wake of the FTX scandal and fallout.
https://ct.com/b4pt
ENS analysis:
ENS is trading in the symmetric triangle. The support is $13.50-$13.65 area and we will see a test of this zone. The major resistance is the $16-$16.40 area and a break above this will start a new uptrend. Place your orders near the support zone and wait. Use tight stop loss because if the triangle break in a downward direction then we see a heavy sell-off.
ROSE is trying to break the triangle to the downside and on 4H timeframe, there's a break below with no momentum in it. Well, this might turned into fakeout, so wait for the confirmation for any trade.
There is no movement in the market in the last few days. The good thing is BTC holding above the support level. The market needs a good push to bring positive sentiment. New trades are risky and use a proper stop loss.
MANA analysis:
MANA is forming a symmetric triangle. The support is $0.672-$0.682 area and this is a possible buy zone. The major resistance is the $0.71-$0.718 area and a break above this is extremely bullish.
AUCTION/BTC lying above historical trendline support on 12H TF.
Get in it for Quick profits😊
AUCTION/USDT lying above strong support. Stochastic is giving a buying signal. It will bounce hard from here. So now is the right time to build your position in it before breakout for massive profits😊
Targets: $7.25-8.50-9.75-11
SL: $5.93
AUCTION/BTC
Bounce is a leading all-in-one DeFi marketplace platform with a full suite of products, including: Bounce’s esteemed Auction Protocol, Fangible NFT Marketplace, Metalents Web3 Freelancing Marketplace.
Technically lying above strong support. RSI is in the oversold region. MACD is showing bullish momentum. It will pump hard from here. So now is the right time to build your position in it before breakout for massive profits😊
Targets: 3731-4275-4865-5500 satoshi
Historically Q4 has been Bitcoin's best performance by far, with an average quarterly return of +103.9%
October and November have been its best performing individual months with avg returns of 24% and 58%
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