Baby Bear
Bitcoin’s ByteTrend Score drops to 0., which means the trend is now bearish. The $100k level has been broken, and a bear market fits the four-year cycle thesis.
Bitcoin’s ByteTrend Score drops to 0., which means the trend is now bearish. The $100k level has been broken, and a bear market fits the four-year cycle thesis.
The past year shows the $100k level in detail. This has the potential to be a major support level, as it has been tested so many times. But bad things can happen, so we shouldn’t count on it.
This Token Takeaway dives into Chainlink’s fundamentals, explores its expanding suite of services, and examines the value proposition of LINK.
Do you remember the days when Bitcoin was really exciting? It’s not over yet, because the 200-day moving average is still rising, and a bull run could kick off at any time.
This has been the most disappointing October since the bear market of 2014, which saw a 12% drop. The uptrend is under threat.
Bitcoin’s ByteTrend score drops to a 3, having visited 2 in recent days. Uptober has turned into Noctober, and the crowds are disappointed.