{"id":42878,"date":"2024-10-23T10:40:18","date_gmt":"2024-10-23T05:10:18","guid":{"rendered":"https:\/\/coinswitch.co\/switch\/?p=42878"},"modified":"2024-10-23T10:40:31","modified_gmt":"2024-10-23T05:10:31","slug":"23-october-2024","status":"publish","type":"post","link":"https:\/\/coinswitch.co\/switch\/market-analysis\/23-october-2024\/","title":{"rendered":"Crypto Market Analysis | 23 October 2024"},"content":{"rendered":"\n<p>Bitcoin experienced a day of significant volatility, oscillating between bullish and bearish sentiments around the critical support level of $67,000. A decisive break below this point could see BTC testing the $65,000-$66,000 range. Conversely, a rebound here might pave the way for a higher low pattern, potentially setting the stage for an anticipated rally this October.<\/p>\n\n\n\n<p>Adding to the intrigue, USDT dominance is also at a pivotal support level. An uptick in USDT could further weigh on Bitcoin\u2019s price.<\/p>\n\n\n\n<p>On a brighter note, there was a modest uptick in gaming tokens yesterday, indicating renewed user interest in the sector. Additionally, Avalanche has launched a VISA crypto card, enabling users to spend their crypto at Visa-accepting merchant outlets, marking a significant step toward mainstream adoption.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin experienced a day of significant volatility, oscillating between bullish and bearish sentiments around the critical support level of $67,000. A decisive break below this point could see BTC testing the $65,000-$66,000 range. Conversely, a rebound here might pave the way for a higher low pattern, potentially setting the stage for an anticipated rally this [&hellip;]<\/p>\n","protected":false},"author":93,"featured_media":40476,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[14714],"tags":[6467,6602,6536],"class_list":["post-42878","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis","tag-crypto","tag-market-update","tag-news"],"acf":{"key_takeways":false,"youtube_vodeo_url":"","seo":{"title":"","keywords":"","description":"","canonical":""},"blog_banner_image":false,"blog_coin":false,"download_the_app":{"button_value":"","button_url":""},"twitter_card":{"twitter_title":"","twitter_description":"","twitter_link":""},"maturity_tag":"","post_author":false,"guest_author":false,"hide_toc":true,"select_disclaimer":"Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered investment\/financial advice from CoinSwitch. Any action taken upon the information shall be at the user\u2019s risk."},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/42878","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/users\/93"}],"replies":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/comments?post=42878"}],"version-history":[{"count":2,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/42878\/revisions"}],"predecessor-version":[{"id":42881,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/42878\/revisions\/42881"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media\/40476"}],"wp:attachment":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media?parent=42878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/categories?post=42878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/tags?post=42878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}