Bitcoin BTC price sets the mood of the crypto market
2024-10-03

The  Oc Uptober fest did not go well on the crypto market - sadness, pain, and the red color reigned supreme.
But is it really that bad, let's find out.
  OKX:BTCUSDT  price has dropped to $60k and the middle of the channel, where the price has been consolidating for more than 7 months. And although we have set $57k per  CRYPTOCAP:BTC  as a critical level for ourselves, but maybe we don't need to go there anymore ?)
It's better to use 1-2 large green daily candles up to  GETTEX:64K  per #Bitcoin. Unfortunately, we don't control the market)
🟢 BTC.D - 58.17% 
🟢 USDT.D - 5.82%.
Both indices are slowing down their growth and trying to turn down, which may be a fresh breath of air for altcoins, but it will probably not be enough for everyone)
🔴 The Fear and Greed Index is 37 (a couple of days ago it was 61), there is already fear, but not yet critical, which is where global reversals usually come from.
🍿 We are waiting for Chinese liquidity to enter the cryptocurrency market, just a little more patience. By the way,  LSE:CFX  with “Chinese roots” has held up quite well in recent days, 
  
it is worth keeping an eye on.
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