Bitcoin briefly touches $67,944 before retreating, holding a 1.55% gain over 24Hrs.

Oct 16, 2024 Oct 16, 2024

MACD shows signs of an upside crossover, with RSI remaining in a favorable position for further gains.

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Analysts watch Bitcoin’s next move, predicting a breakout toward $70K if bullish momentum continues.

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Some analysts predict a BTC rally to $250K, driven by technical setups and macroeconomic factors.

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A close above $67.647K, at the 78.6% Fibonacci level, is key to confirming the next upward move.

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GET MORE INSIGHTS ON BTC TODAY

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