coinpedia
2024-10-17 15:23:21

Rising Selling Pressure Builds Strong Resistance at $68K for Bitcoin: Will BTC Price Meet Buyers’ Demand?

The post Rising Selling Pressure Builds Strong Resistance at $68K for Bitcoin: Will BTC Price Meet Buyers’ Demand? appeared first on Coinpedia Fintech News Bitcoin has started its “Uptober” trend, with the price rising steadily since the beginning of the month. After a challenging September, investors took advantage of October’s positive sentiment to buy during price drops, which pushed the price higher. However, short-term holders (STHs) have been selling near local high points, creating strong resistance around the $68,000 …

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.