Techno_Vas

Tom Lee's 'BitMine' buys 10,452 Ethereum worth $24 million.

They hold about 60,28,946 Ethereum

Tom Lee's Ethereum treasury company keeps stacking tokens and they now own about 5% ETH supply.

Bitcoin went below $80,000 level 3 times and is continuously testing the $80k support.

Test too many times and the support will break, a break down below $80k will not look good.

Crypto Dumping:

-Bitcoin Falls Below $80,000
-Eth Falls Below $2,350
-SOL Falls Below $100

$545 Million Liquidated from the cryoto market in the last 24 hours.

Reasons:

-Cruide oil prices are skyrocketing.

-U.S-Iran Tensions Rise.

-Middle East Tensions.

-Rising US Treasury Yeilds, stronger Dollar

-Getting Rejected at Resistance & Continously Testing support.

El Salvador Keeps stacking 1 Bitcoin Everyday & The Country's BTC Balance keeps Climbing.

If BTC crashes and closes below $80,000 then expect $75k zone.

Ethereum Update:

-Eth has broken down below this trendline under 1 hour TF.

-If Eth crashes, immediate support is at $2,350.

-If that doesn't hold then next important support is at $2,300 level.

-If ETH crashes below $2,300 level then it doesn't look good for ETH.

-For Deeper correction, $2,000 is the major support.

-For stronger recovery ETH should break above $2,580 level.

MARKET UPDATES:

-Market sentiment: Neutral

-Index value: 50

-BTC Dominance: 50.51%

-Altcoin season index: 57/100

-Total crypto marketcap: $2.73 Trillion..

-Bitcoin price: $81,550
-ETH Price: $2,400

About $1 Trillion Wiped Out From Gold & Silver.

Gold Fell 2.8%
Silver Fell 5.8%

$1 Trillion Wiped Out in Market Value As Oil Prices Fueled Inflation Fears.

This Uptober is becoming another Recktober 😂

Michael Saylor says Bitcoin is “definitely” moving back into six figures.

He Says, “I think we hit the bottom around slightly below $60,000. I think we bounced off it. Now, we are moving up.

He added that Strategy’s long-term forecast calls for Bitcoin to grow 20-30% a year over the next two decades, and called the last 12 months just “a contraction”

Tom Lee's 'BitMine' buys 12,535 Ethereum worth $30 million..

Michael Saylor's 'Strategy' buys 267 Bitcoin worth $22 million.

BITCOIN UPDATE:

-Bitcoin is showing signs of recovery today as it bounces from $81k support, now market is entering next important resistance zone.

-Next immediate resistance is at $83,400. If Btc breaks this then next is at $84,600 & $86,800.

-Important support is at $81,440..

-Strong support is at $80,100.. bitcoin has taken support at this level multiple times.. for now Btc shouldn’t break this..

Guys since 2013, Bitcoin hasn't had two October's in Red in a Row..

What do you think, will the trend break or continue??

A BTC Whale opened a $149.4 Million in BTC long with 40x leverage. His Liquidation price is $80,644.

Does he know something that we don't or market hunt him down.

MARKET UPDATES:

-Market sentiment: Greed

-Index value: 63

-BTC Dominance: 60.31%

-Altcoin season index: 61/100

-Total crypto marketcap: $2.78 Trillion..

-Bitcoin price: $82,780
-ETH Price: $2,485

U.S PPI DATA TODAY AT 6:00 PM IST.

Forecast: 5.3%
Previous: 5.4%

Above 5.3% will put pressure on bitcoin.

Below 5.3 bullish.

U.S PPI DATA TODAY AT 6:00 PM IST.

Forecast: 5.3%
Previous: 5.4%

Above 5.3% will put pressure on bitcoin.

Below 5.3 bullish.

Bitcoin has crashed below $83,000 and is below Daily 50 EMA.

-Now $80,000 to $80,400 is very very important, if BTC doesn't hold at this support then expect $75,000.

-If $75k also fails then my next target is $69k to $70k.

BITCOIN UPDATE:

-Bitcoin is still Recovering after recent selling pressure, but buyers still need to overcome important resistance levels.

-Bitcoin bounced from Daily 50 MA Support.

-$82,000 is Near-Term support. -$81,000 is important support. -$80,000 is Phycological support.

-If Bitcoin breaks above $84,000–$85,000 and holds above then next move could be towards $86,000 - $87,000.

-Now All Eyes On $81,000 Support & $87,500 Resistance..