24/10/2023
BTC
Keeping it simple.
Clean breakout of the 29k-31k resistance zone. After that breakout, it's being rejected from the next resistance level (35k). If it dumps from here, the next reaction is going to be key.
Two options:
-It retests the broken level as support and keeps going higher.
-It goes back below it, confirming a fakeout/deviation.
DXY keeps looking bullish and the SPX bearish. Most altcoins, despite having bounced, haven't broken any key resistances yet or changed the trend from bearish to bullish.
Not taking any new positions here. Just watching.