Bitcoin Technical Analysis: Bulls Poised for Breakout as Price Hovers Near $65K

As of Oct. 14, 2024, bitcoin (BTC) is trading at $64,905, with its 24-hour range spanning from $62,059 to $64,915. The leading cryptocurrency’s market capitalization sits at $1.28 trillion, while 24-hour trading volume has reached $29.38 billion. Current market data suggests bitcoin is in a consolidation phase just below $65,000, with bullish momentum appearing to…

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Bitcoin Technical Analysis: Uptrend Intact, But Indicators Warn of Short-Term Correction

Bitcoin is trading at prices between $62,856 to $63,016 at press time, with a market cap of $1.24 trillion and a 24-hour trade volume of $23.87 billion. Intraday, prices fluctuated between $62,120 and $63,909, showing signs of consolidation. Despite the overall uptrend, oscillators and moving averages paint a mixed picture, hinting at potential corrections while…

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Ethereum Technical Analysis: ETH Price Consolidates Amid Market Uncertainty

On Sept. 30, 2024, ethereum’s price showed consolidation near $2,630 after testing key support and resistance levels. The market exhibits mixed momentum, as oscillators point to neutrality while moving averages provide conflicting signals. Traders are closely watching whether the second leading crypto asset will break through resistance or test lower support zones, given the current…

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