Latest Bitcoin Update Today: Price Continues to Rise Strongly
2024-10-18

Edward, hello everyone!

Currently, we are continuing to see a steady increase in BTC, reaching $67,880 and the bullish trend is expected to continue in the coming period. So what is the reason?

On the 2-hour price chart, an ascending trend channel has formed with the support of the 34 and 89 EMAs expanding, indicating further upside potential for BTC without any significant reversal. The immediate resistance to watch is at $68,440, with immediate support at $67,500.