Bitcoin Market Update – October 21, 2024

in crypto •  5 months ago 

Today, Bitcoin's price hovers around $67,377, showing a slight drop of 2.4% from the previous day. Despite reaching highs of $67,878 earlier, it faced selling pressure, resulting in a minor pullback. The market is in a consolidation phase as traders await clearer direction.

Fear & Greed Index: Neutral
With sentiment in the neutral zone, investors are cautious, watching for the next move.

Prediction:
A breakout above $68,000 could push BTC toward $70,000, while support sits near $65,000.

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