Bitcoin (BTC) and Ethereum (ETH) Price Analysis 📈

Bitcoin (BTC)

$BTC is confirming bullish price signals by staying above the 50-day and 200-day EMAs.

A breakout of the resistance level of $64,000 and the October 7 high of $64,482 could signal a move towards the September 27 high of $66,520. Furthermore, a break above $66,520 could allow the bulls to reach the resistance level of $69,000.

A drop from the 50-day EMA could signal the $60,365 support level and the 200-day EMA to come into play.

#BTC, whose 14-day RSI is 51.52, could rise to the resistance level of $69,000 before entering the overbought zone.