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Bitcoin Price Clings to $82,800 as the Next Breakout Remains Elusive

News.Bitcoin.com
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Bitcoin Price Clings to $82,800 as the Next Breakout Remains Elusive

Bitcoin’s price traded at $82,816 on Saturday, Oct. 10, as the market continued consolidating following its retreat from the $87,000 region. While the hourly chart shows signs of recovery, the four-hour and daily charts remain range-bound, with bulls defending support near $82,200. Technical indicators offer a mixed picture, with neutral oscillators, stronger, longer-term moving averages, […]

Key Takeaways

  1. Bitcoin’s price traded at $82,816 on Saturday, Oct.
  2. 10, as the market continued consolidating following its retreat from the $87,000 region.
  3. While the hourly chart shows signs of recovery, the four-hour and daily charts remain range-bound, with bulls defending support near $82,200.
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.

Bitcoin Price Clings to $82,800 as the Next Breakout Remains Elusive | IndiCrypto