Bitcoin Price: $87K Rebound or Another Plunge Below $81K?
5 Articles
5 Articles
Bitcoin price: $87K rebound or another plunge below $81K?
Bitcoin price has rebounded toward $82,800 after a sharp liquidation-driven sell-off, but resistance near $84,400 stands between its weekend recovery and another attempt at $87,000. CoinGecko recorded Bitcoin at $82,726 on Oct. 10, up 0.3% over 24 hours following its…
Bitcoin Price Holds Near $83K as NEAR and Monero Defy Selloff
TLDR: The Bitcoin price fell 3.6% for the week after touching $80,400, then recovered above $83,000 following Thursday’s sharp decline. NEAR lost just 0.3% in the weekly comparison after a 91.7% monthly advance, then jumped more than 10% to about $5.25 on October 10. Monero’s 1.3% weekly decline beat Bitcoin’s loss, though price performance alone [...]
Bitcoin Price Clings to $82,800 as the Next Breakout Remains Elusive
Bitcoin’s price traded at $82,816 on Saturday, Oct. 10, as the market continued consolidating following its retreat from the $87,000 region. While the hourly chart shows signs of recovery, the four-hour and daily charts remain range-bound, with bulls defending support near $82,200. Technical indicators offer a mixed picture, with neutral oscillators, stronger, longer-term moving averages, […]
BTC increases 0.71% to USD $82,764,16, although the volume remains below its monthly average and MACD retains a bass signal. The price is held on averages of 30 and 50 days, but still quoted under several short averages and is 34.39% below its historical maximum. The balance favors caution: the rebound does not confirm a change of trend and the reported institutional flows offer contrasting signals.
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