Bitcoin RSI is either on track to deliver a six-figure BTC price next year or “this time is different,” analysis says.
Markets news
Dogecoin price is up today, fueled by easing Middle East tensions, Kamala Harris’ pledge for crypto regulations and several other reasons.
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.
MicroStrategy stock trades at a premium to its Bitcoin holdings mainly due to its leveraged strategy and cash flows from its software business.
Bitcoin’s range-bound action looks set to continue, but SUI, APT, TAO, and WIF could rally higher over the coming days.