BTC/USD Recovers Above $63,000 Level

Bitcoin Price Prediction — October 25

The Bitcoin price prediction is up by more than 4.54% as the price struck a sudden and bullish price spike above the moving averages.

Resistance Levels: $70,000, $72,000, $74,000

Support Levels: $54,000, $52,000, $50,000

The daily chart reveals that BTC/USD is pushing the price above the crucial resistance level of $63,000 as the coin keeps moving towards the $65,000 resistance level. However, the number-one crypto is moving with strong bullish momentum after a sustainable break above the 9-day moving average. Meanwhile, BTC/USD has gained over 4% since the beginning of the day as it is currently trading at $63,617.

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Bernard Mikhail is an instructor in peer-to-peer technology and a startup mentor. He is also Advisor to Intelligence Research Institutes. He blogs about Crypto

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Bernard Mikhail

Bernard Mikhail is an instructor in peer-to-peer technology and a startup mentor. He is also Advisor to Intelligence Research Institutes. He blogs about Crypto