Price & market status: $BTC
Bitcoin is trading around US $109,000–110,000, holding a major support zone.
The broader crypto market is volatile: more than US $590 million in positions were liquidated in a 24-hour span, contributing to BTC’s downside pressure.
October ended with a drop (~3.7%) for Bitcoin, and the so-called “Uptober” seasonal trend disappointed.
2. Support & resistance:
The $110,000 level is acting as a critical support for now.
On the upside, resistance zones and technical levels are still limiting upside momentum.
Analysts suggest risk of a deeper move if support breaks, with some talking about possible test of much lower levels.
