btc/usd

Bitcoin (BTC) has been moving downward since reaching a new all-time high of $67,000 on Oct 20. It’s possible that a local top has been reached, and BTC could drop back in the short term before resuming its upward movement.

Bitcoin (BTC) reached a new all-time high of $67,000 on Oct 21 before decreasing slightly. It is likely approaching a short-term local top.
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BTC has been moving upwards at an accelerated rate since breaking out from the $57,200 resistance area on Oct 14.

Bitcoin (BTC) is nearing the $64,854 all-time high price and has so far reached a local high only $400 below it. While the long-term trend is still clearly bullish, there are signs of weakness in short-term time frames.
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The daily chart shows a bullish trend for BTC.

Bitcoin (BTC) is rapidly approaching its final resistance area and is currently less than $2,000 below the all-time high price. While technical readings are still bearish, the wave count indicates that BTC is approaching the top of its upward move.

Bitcoin (BTC) increased considerably during the week of Oct 11-17, advancing close to a new all-time high price. While the trend is still bullish, BTC seems to be approaching the top of its short-term upward movement.

Bitcoin (BTC) has increased considerably so far on Oct 15, nearly moving above $60,000, reaching its highest price since April. While it is getting close to a new all-time high, BTC also seems to be approaching the top of its upward movement.

Bitcoin (BTC) quickly reversed its trajectory after a sharp decrease on Oct 13 and managed to break out later in the day. 
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While it seems to be approaching the top of its upward movement, BTC is expected to complete one final upward movement before correcting.

The upward movement for bitcoin came to a temporary halt on Oct 12, causing a sharp fall to the $55,000 level. BTC has bounced back some since but is rapidly approaching the top of its upward move if it hasn’t done so already.

Bitcoin (BTC) is in the process of making its first breakout attempt above the $57,200 resistance area. If successful, it could test the highs reached back in April and May of this year.