Bitcoin Price Prediction for Today, October 29: BTC Price Is Unable to Rise above $21K
Bitcoin Makes Positive Moves but Is Unable to Rise above $21K – October 29, 2022
BTC/USD revisits the current resistance level but is unable to rise above $21K. On October 26 uptrend, buyers failed to breach the recent high. Today, buyers are still struggling to breach the same high. There is an imminent prospect of a breakout at the recent high. Bitcoin Price Statistics Data: •Bitcoin price now – $20,732.39 •Bitcoin market cap – $397,915,697,467 •Bitcoin circulating supply – 19,192,950.00 BTC •Bitcoin total supply – 19,192,950.00 BTC •Bitcoin Coinmarketcap ranking – # 1 Resistance Levels : $50,000, $55, 000, $60,000 Support Levels: $25,000, $20,000, $15,000
Bitcoin’s (BTC) price has been trading in the bullish trend zone since October 25 price rebound. Buyers have retested the recent high twice but are yet to breach the resistance level. On the plus side, Bitcoin will rally above $22,000, if buyers manage to over...