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Bitcoin Price Grinds at $86K as Resistance Refuses to Give Way

News.Bitcoin.com
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Bitcoin Price Grinds at $86K as Resistance Refuses to Give Way

Bitcoin’s price held between $85,800 to $86,000 per unit on Oct. 5 at 8:45 a.m. Eastern time, with its larger trend still favoring bulls, yet the market was pressing directly into resistance rather than breaking free. Every tracked daily exponential moving average and simple moving average from 10 through 200 periods remained bullish, while momentum […]

Key Takeaways

  1. Bitcoin’s price held between $85,800 to $86,000 per unit on Oct.
  2. Eastern time, with its larger trend still favoring bulls, yet the market was pressing directly into resistance rather than breaking free.
  3. Every tracked daily exponential moving average and simple moving average from 10 through 200 periods remained bullish, while momentum […]
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.