Source Link: https://cryptonews.com.co/altcoin-news/altcoin-news-33-million-in-dogecoin-shorts-liquidated-as-price-shoots/

Everything has its good and bad sides. If we look at the good side of Bitcoin, there are many things that can be done and currently, some people are controlling the entire market. Whenever the market is out of their hands, everything will be better and the price of Bitcoin will increase.

Bitcoin BTC managed to surpass the $19,000 level towards the end of October. The king coin was constrained to this level for the longest time and made several attempts to move past it. Both holders and watchers rejoiced because they believed that this time, the end of the long-term resistance may signal the beginning of a new rise.

Furthermore, those who had taken short positions against BTC BTC were also liquidated during this small price increase. Despite this encouraging trend, things didn’t appear to be going well for miners in the ecosystem.

BTC https://cryptoqed.com/news/bitcoin-news/could-bitcoin-security-be-at-risk-as-a-result-of-this-update-decoding-details

Waiting for your comments

Since Elon Musk's "let that hit home" tweet, DOGE has not ended its increment.In point of fact, the meme coin appeared prepared since October 25.However, DOGE's 32.95% rise from October 28 to October 29 that brought it to $0.1131 on October 29 may merit more attention.In curious terms, how long will Dogecoin remain in the bullish zone?

Following the completion of the Elon Musk Twitter acquisition, Dogecoin [DOGE] surpassed the $0.1 mark after five months of trial and error. DOGE’s growth has not slowed down since the tweet by the richest man in the world, “let that sink in.”In point of fact, the meme coin appeared prepared on October 25.

However, DOGE’s 32.95% increase between 28 and 29 October, which brought it to $0.1131 on 29 October, may warrant additional focus. In curious terms, how long will Dogecoin remain in the bullish zone?

https://cryptonews.com.co/altcoin-news/investors-in-doge-who-are-overjoyed-should-be-on-the-lookout-for-these-injuries-caused-by-musk/

Early October saw Shiba Inu [SHIB] slip and drop to lower prices. It found support at the $0.000010 price level and even dipped below this support on multiple occasions. However, fast forward to the present and SHIB has not been left behind during the latest bull run.

SHIB rallied by as much as 55% from its lower range to its new monthly high of $0.00001519. This bullish correction was notably much sharper than its July bounce. Many traders might interpret this as a sign that it might be the start of another continuous bullish uptrend. Unfortunately, the highly unpredictable nature of the market can make it difficult to determine whether a trend will continue or not.

Why SHIB might deliver some downside

Shiba Inu’s longer term outlook still depended heavily on the bulls. However, the dog-themed token might not be done with the lower range. SHIB’s $0.00001254 press time price meant that it had already pulled back by as much as 17% from its current monthly top.

https://cryptonews.com.co/altcoin-news/shib-short-sellers-may-have-a-profit-making-window-before-this-pressure-kicks-in/

Bitcoin and Ethereum remain stuck in a range with no clear direction during today’s trading session. The crypto market’s uncertainty has been smashing on long and short positions, but one sector is blooming under current conditions.

At the time of writing, Bitcoin trades at $19,360 with sideways movement across the board. Ethereum is displaying similar price action in this choppy environment, with most cryptocurrencies in the top 10 at a loss or lateral movement.

2022 Crushes Bitcoin And Global Markets
According to a report from the trading desk QCP Capital, this year has been the worst performing for investors with a cross-asset portfolio. If an investor-owned Bitcoin, stocks, and gold as part of their strategy, their capital would be in the red.

As seen in the chart below, the only assets recording gains are those in the energy sector, with crude oil and natural gas taking the lead. The former recorded the best performance in 2022 with a positive 34%, followed by a 4% in crude oil (WTI).

The crypto market has been the biggest loser under current macroeconomic conditions. Bitcoin and Ethereum recorded 66% and 72% losses, respectively. In traditional markets, only the Nasdaq 100 records a similar drawdown of 40%. QCP Capital wrote:


https://cryptonews.com.co/bitcoin-news/best-bitcoin-and-ethereum-strategy-in-2022-this-report-answers/

Bitcoin has been through a lot of hardships since its inception and investors and traders are feeling the agony of the crypto market meltdown this year. BTC is now trading at $19,322 at the time of writing.

Coingecko reports a 0.3% decrease in value for the token. This month, crypto expert @woonomic tweeted that Bitcoin (BTC) has not yet touched bottom and would not soon rally.

However, Twitter’s anonymous crypto expert Capo has suggested that Bitcoin may have a recovery in the near future.

https://cryptoqed.com/news/bitcoin-news/bitcoin-rally-imminent-according-to-analyst-who-predicted-2022-crypto-crash/

Ethereum Price Remains Supported
Ethereum attempted a fresh increase above the $1,300 level, similar to bitcoin price. ETH struggled to gain pace for a move above the $1,320 level.

The price traded as high as $1,310 and started a fresh decline. There was a move below the $1,300 support zone. It retested the $1,265 support zone. A low is formed near $1,270 and the price is now consolidating losses. Ether price is now trading below $1,310 and the 100 hourly simple moving average.

An immediate resistance on the upside is near the $1,290 level. It is near the 50% Fib retracement level of the downward move from the $1,310 swing high to $1,270 low.

https://cryptonews.com.co/analysis/eth/ethereum-price-wont-go-down-quietly-risk-of-bounce-grows/

The crypto market is giving investors no hope of recovery as the price of Bitcoin returns from its recent gain. In the meantime, futures trading remains the best way to gain from the crypto ecosystem.

Experts in the crypto world revealed that the current market situation results from several macroeconomic factors. These factors include the ongoing war between Ukraine and Russia and inflation. In addition, governments’ expenses have also increased since the break of the Covid-19 up to now.

https://cryptoqed.com/news/bitcoin-news/will-bitcoin-tank-following-the-charles-schwab-indicator-do-btc-investors-need-to-worry/

Hello all