Bitcoin Price Analysis: October 24
After recording a new all-time high on Wednesday, BTC has fallen into correction mode towards the 60K psychological support to ease out of overheated conditions. The benchmark cryptocurrency has remained in a sideways momentum between 62K and 61K for the past few days but temporarily dipped below the 60K support yesterday.
That said, we expect a return to the 60K -
59K support in the coming days before posting a rebound to the 63K to 
64K area.
Meanwhile, our resistance levels are at $66,000, $67,000, and $68,000, and our key support levels are at $64,000, $63,000, and $62,000.
Total Market Capitalization: $2.51 trillion
Bitcoin Market Capitalization: $1.13 trillion
Bitcoin Dominance: 45.3%
Market Rank: #1
That said, we expect a return to the 60K -
59K support in the coming days before posting a rebound to the 63K to 64K area. Meanwhile, our resistance levels are at $66,000, $67,000, and $68,000, and our key support levels are at $64,000, $63,000, and $62,000.
Total Market Capitalization: $2.51 trillion
Bitcoin Market Capitalization: $1.13 trillion
Bitcoin Dominance: 45.3%
Market Rank: #1
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