Bitcoin
Long

BitcoinPrice Analysis — October 26 (Daily Chart)

BTC has reemerged from its recent bearish correction towards the 60K round figure, although the price slipped slightly below the mark. That said, the benchmark cryptocurrency has entered my 63K - 64K pivot area, as we expect to close the month within this zone. However, I expect to see a retest of the upper-64K zone in the coming days, provided bulls hold their ground above the 63K level.

Meanwhile, my resistance levels are at $64,000, $65,000, and $66,000, and my key support levels are at $62,000, $61,000, and $60,000.

Total Market Capitalization: $2.62 trillion

Bitcoin Market Capitalization: $1.18 trillion

Bitcoin Dominance: 46.2%

Market Rank: #1

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