$BTC

Predicting a bullish trend, we forecast Bitcoin to reach $65,000 in the next 24 hours!

Bitcoin's price exploded above $63,000 today, reaching a local high at $63,400. This 4% surge in 24 hours can be attributed to two key factors. The Mt. Gox repayment deadline for creditors has been pushed to October 31st, 2025, easing immediate selling pressure on BTC. This development has boosted market sentiment, contributing to the current uptrend.

China's newly unveiled fiscal stimulus package aims to revive its economy, targeting low-income households, property markets, and state banks' capital. This anticipated development has injected optimism into the market.

Technical analysis indicates a neutral-bullish zone with an RSI of 64, positive MACD crossover, support at $62,000, and resistance at $65,000.What's your take on Bitcoin's next move? Share your predictions in the comments!

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The post is for informational purposes only and should not be considered as investment advice.