The odds for the resumption of ‘Uptober’ dwindle as Bitcoin, Ether and most altcoins continue to drop toward new lows. Will next week’s US economic calendar events help restore the uptrend?
Key points:
Bitcoin is finding buying support below the $107,000 level, but the relief rally is likely to be sold into.
Several altcoins have reached strong support levels, but the lack of a solid rebound suggests the downward pressure may continue for a while.
Read more