As of October 2024, Bitcoin (BTC) is trading around $66,788. The current technical analysis shows that BTC is in a bullish phase but faces resistance at various levels. The major resistance zones are $70,500, $72,000, and $73,000. If BTC breaks above these levels, the next significant resistance is around $75,000.
On the downside, key support levels to watch are $67,000 and $65,500. A drop below $67,000 could lead to further declines towards $65,000.
This bullish outlook is supported by broader market sentiment, with 83% of indicators showing bullish signals. Keep an eye on these support and resistance levels as #BTC☀ continues to experience volatility.