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Bitcoin Price Surges Past $85K as Bulls Muscle Back Into the Fight

News.Bitcoin.com
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Bitcoin Price Surges Past $85K as Bulls Muscle Back Into the Fight

Bitcoin’s price was trading near $84,890 to $85,469 early Wednesday, up 0.4% over 24 hours, as the market continued working through the pullback from September’s $87,374 peak. The larger uptrend remains intact, but the short-term tape has settled into a contest between support around 82,555-83,000 and resistance beginning at $85,500 and higher. BTC’s price surged […]

Key Takeaways

  1. Bitcoin’s price was trading near $84,890 to $85,469 early Wednesday, up 0.4% over 24 hours, as the market continued working through the pullback from September’s $87,374 peak.
  2. The larger uptrend remains intact, but the short-term tape has settled into a contest between support around 82,555-83,000 and resistance beginning at $85,500 and higher.
  3. BTC’s price surged […]
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.