Bitcoin's range-bound action looks set to continue, but SUI, APT, TAO, and WIF could rally higher over the coming days.
Bitcoin (BTC) recovered sharply from the drop below $60,000 during the week, but the buyers are struggling to sustain the higher levels. Buying on dips and selling on rallies signals the formation of a tight range in the near term.
A minor positive is that lower levels are showing solid demand. After three days of outflows, United States-based spot Bitcoin exchange-traded funds witnessed $253.6 million in inflows on Oct. 11.
Crypto market data daily view. Source: Coin360