Price analysis 10/2: BTC, ETH, XRP, BCH, BNB, DOT, LINK, CRO, BSV, LTC
The bulls are buying the dips in Bitcoin and a few altcoins, suggesting that investor sentiment remains positive.
The shallow pullback in Bitcoin (BTC) following the news of the CFTC’s regulatory crackdown on BitMEX and the late announcement that US President Donald Trump tested positive for coronavirus shows that the underlying sentiment is still bullish.
Generally, most damage during such periods of negative news flow is caused by the squaring up of leveraged positions.
Coin Telegraph - 2nd Oct 19:10