Crypto Australia🇭🇲🇭🇲

The flip side is that Supply held 'in-profit' is now over 90% of the circulating supply, with the October rally being the event making it above the all-time-mean. Given 2023 started out with over 50% of supply being underwater, this is one of the fastest recoveries in history (second to the rally in 2019). By Crypto Australia

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#BTC.D slides below the zone, which made a good rally in few mid-cap altcoins. Well, Index is now going to test it as the Resistance now, which could be the potential indication that, Money will start flowing in alts once again. The only condition is #BTC need to stay stable or move within the ranges. By Crypto Australia

#BTC gave a bearish weekly closing and but still above the major support area. Price failed to break the resistance and formed new resistance zone. Well, On Daily TF, price hovering over the major support area and inside the triangle pattern too. It's a Near Year Time, so market is kinda ranging now and expected this to happen till the mid week. By Crypto Australia

Morning market conditions: The market is down today, most of the alts are red. BTC is now trading around $42,312, ETH is trading above $2,302 Bitcoin dominance: 47.89%; Fear and Greed Index: 76 (extreme greed); Altseason Index: 69; Market capitalization: $1.73 trillion By Crypto Australia