October 24, btc targets are as follows:
Yesterday, due to the rise in U.S. long-term interest rates, btc fell to the level of $66,000. After the U.S. stock market opened, high-tech stocks stagnated under the influence of rising long-term rates.
At the same time, with next month's U.S. presidential election approaching, Trump's lead has temporarily increased, causing btc to plummet from around 30 points to below 23 points, reaching about $65,000.
After the 20-year U.S. Treasury auction had safe results, the rise in long-term rates stopped, the U.S. stock market rebounded, and btc followed suit.
In the morning, the Justice Department warned that Musk's distribution of lottery tickets to voters might be illegal, predicting that market lead would shrink, causing btc's highest price to be pressed down to slightly below $67,000, and Tesla's third-quarter financial performance was good without selling btc. Currently, btc has returned to the $67,000 level.
Considering the current situation, we look upwards, and tonight may attempt to strive for $70,000. The cash distribution by the Trump support group founded by Musk has sparked controversy.
The short-term target is around $67,986, this price is seen as a support line, and since the awareness has faded, it has not exceeded this price. When the price moves around this area, the top price becomes heavier, and it is expected to turn from support to resistance when it rises to this level, as it deviates from the 200SMA, making the possibility of price reversal significant.
The bullish target is around $67,232, which is a price range that has recently shown strong resistance, but looking back at past market prices, it is one of the ranges that investors pay attention to, often seen as a resistance level. It is predicted that when the price falls to this level, it will turn to a support level. Stay tuned for the night, layout your bull market strategy, share various passwords, and take you to learn more about hundredfold coins
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