đ Bitcoin Summary â October 18, 2024 for Binance Square
đ Bitcoin has surpassed $68,000, consolidating its uptrend and generating excitement in the market. This advance reflects positive momentum supported by institutional demand and the expectation of approval of more spot ETFs.
đ Supports and resistances:
Support: $66,000
Next resistance: $70,000
đ The supply of BTC on exchanges continues to decrease, indicating that holders prefer to keep their assets in private wallets, which could reduce selling pressure. Analysts predict that BTC could break $70,000 if this momentum continues over the next few days.
â ïž Attention: Volatility is still present, so monitor key levels and funding rates to avoid surprises. This is a crucial time to adjust your strategies and take advantage of the uptrend đ.
đŹ Ready to ride this wave? Get on board with your analysis and share on Binance Square đłïž.
