Bitcoin Dips Near $60k Support on Middle East Tensions, But Rebounds Above $62k. Can BTC Keep Up? 📈

- Institutional Investors Reduce Risk, US Bitcoin ETF Sees $242.6M Outflows.

- QCP Capital Warns BTC Could Drop to $55k If Tensions Escalate.

- BTC Has Never Closed Negatively in October in 5 Years, Could Attract Buyers.

BTC/USDT Price Analysis:

- If Price Breaks 20-Day EMA ($62,490), BTC Could Rise to $70k.

- If Price Breaks 50-Day SMA ($60,357), BTC Could Drop to $54k.

ETH Price Analysis:

- ETH Dips Below Resistance, Could Resume Downtrend.

- If Price Breaks Resistance, Target Price Is $3,409.

BNB Price Analysis:

- BNB fails to break above $635, could fall to $460 if 50-day SMA ($550) is broken.

- If it breaks above 20-day EMA ($570), BNB could retest $635.

SOL Price Analysis:

- SOL falls from $164, if it breaks above this level, could rise to $208.

- If it falls below 50-day SMA ($142), SOL could fall to $116.

XRP Price Analysis:

- XRP fails to hold above $0.64, could fall to $0.50 if it breaks above the rising trendline.

DOGE Price Analysis:

- DOGE falls below $0.12, if it fails to hold above 50-day SMA ($0.10), could fall to $0.08.

TON Price Analysis:

- TON fell below the moving averages, could fall to $4.44 if it fails to hold $5.16.

ADA Price Analysis:

- ADA fell below $0.40, could fluctuate between $0.31 and $0.40.

AVAX Price Analysis:

- AVAX fell below $29, could fall to $19.50 if it fails to hold the 50-day SMA ($24.49).

SHIB Price Analysis:

- SHIB fell to the 20-day EMA ($0.000016), could fluctuate between $0.000012 and $0.000020.

What do you think about the market trend? Comment now! 💬