Bitcoin is generally bullish in October, but this year, sellers managed to drop the price by nearly 4%. As the king of cryptocurrencies fell below $110,000, the month of November begins in the worst possible way. Will BTC fall below $100,000 during a month that is historically very bullish? Regardless of what happens, a new delicate phase is setting in for altcoins. As a reminder, Binance's BNB surpassed $1,300 during the month of October.
In summary, it is noted that Following the violent drop recorded on Bitcoin, the token exchange sector is declining. Binance's BNB, OKB, and KCS are controlled by short-term sellers, and the decline does not seem to be over yet. Nevertheless, BNB maintains an encouraging momentum on a 3-day time frame. The crypto market has a complicated start to the month, with more than $1 billion in liquidations in 24 hours.
Will Bitcoin continue its decline or will it resume its rise?? Stay tuned for the next few days 😊😊😊
$BTC $BNB #MarketPullback
