Bitcoin Bulls Eye Breakout as Price Nears $65K Resistance
As of October 14, 2024, Bitcoin (BTC) is trading at $64,905, with a 24-hour range between $62,059 and $64,915.
The market cap is $1.28 trillion, and trading volume has reached $29.38 billion. Bitcoin is consolidating below $65,000, showing bullish momentum across various timeframes. A breakout above this level could push prices higher toward $66,508, while a dip below $63,500 might trigger short-term selling.
Key technical indicators and moving averages point to further gains, though resistance near $65,000 remains a critical threshold for traders to watch.
Clever Robot News Desk 16th October 2024
