Bitcoin's current price is $67,276, with a 3.01% increase in the last 24 hours ¹. The market sentiment is bullish, with 12 out of 17 technical indicators suggesting a buy signal
*Price Predictions:*
- _Short-term:_ The first major uptrend resistance is at $68,743, and bottom support sits at $66,798
- _Long-term:_ Some predictions suggest Bitcoin's price might reach $80,000 by the end of the year ².
*Technical Analysis:*
- The 14-day relative strength index (RSI) is currently at 76.35, indicating overbought conditions ¹.
- Exponential moving averages show a bullish signal, with Bitcoin's price currently sitting above all 10, 20, 50, 100, and 200-day EMAs.
*Historical Trends:*
- October has been the best month for Bitcoin in the last 12 years, with the price increasing 10 times
- The all-time high for Bitcoin was $72,689, recorded 7 months ago ¹.
