The current upward trend is still valid.
BTC(Bitcoin) is still above on the 365d SMA(Simple Moving Average) line. Even though most altcoin prices have dumped recently, the crypto market hasn't entered a bear market again.
That's what I wanna say. But most retail traders and investors are sick of it.
Honestly, I looked forward to Uptober. But it seems that the current macroeconomic environment isn't favorable to the crypto market. What a shame..
Tomorrow, the next interest rate decision is scheduled. The Fed will likely keep rates unchanged. It should be..
Holding the 365 day SMA while alts bleed is the part people skip. Dominance near 59% says money is hiding in BTC, not leaving crypto. Curious if the Fed hold changes that.