Bitcoin Price Prediction: $72K Resistance Blocked; Bears Confident in Sub-$69K Levels

Quick Summary:

Ethereum and other altcoins are also facing critical support levels while showing similar bullish signs.

Increased liquidity is also noted around $73,000, which could influence future price movements.

Immediate support is found just above $69,000, with a more significant support zone between $66,700 and $68,300, where previous resistance now serves as support.

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Article Details

Author / Journalist: Anjali Belgaumkar

Category: Crypto

Markets: United States

Topics: Bitcoin Price Analysis Cryptocurrency News Crypto news

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-03 @ 02:52:23 (4 days ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 270 words

Reading Time: 2 minutes read

Sentences: 18 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23373019

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Main Topics: Crypto

Official Website: coinpedia.org

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News Last Updated: 12 hours ago

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