Bitcoin open interest is rising and bulls are eyeing new all-time highs above $75,000 as “Uptober” begins to take shape.
Bitcoin Price news
The crypto market is up today, following a bullish performance from US equities markets and increasing traders’ demand for crypto investment products.
Bitcoin RSI is either on track to deliver a six-figure BTC price next year or “this time is different,” analysis says.
Bitcoin rallied to $66,300 today, but definitive proof of a structural trend change remains in question.
Bitcoin’s rise above $66,500 could open the doors for a rally to new highs and altcoins look set to follow.
Bitcoin bulls waste no time continuing a rebound, which has now delivered BTC price gains of over 3% for October.
Bitcoin price is up today, but the bull’s ability to hold the 200-day SMA support could determine where BTC goes next.
Bitcoin analysts have become optimistic about the asset’s price amid its surge beyond $64,000, with some believing the “summer lull is behind us.”
Bitcoin starts the week with a push toward BTC price resistance as $65,000 becomes the key level to flip.
Bitcoin’s range-bound action looks set to continue, but SUI, APT, TAO, and WIF could rally higher over the coming days.