News Formal

What Has Driven Bitcoin to $66.5K in Bullish Market Pivot?

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Crypto Blog

Bitcoin prices reached $66,500 during late trading on Oct. 14, according to CoinGecko. It is the highest level since late September when it hit a similar price but was rejected at resistance.

If the decrease in inventory exceeds production, or mining issuance in this case, demand is increasing, and vice versa, he explained.that “Uptober” has finally arrived, and BTC is showing an overall gain for this month as it has done for nine of the previous eleven Octobers. Bitcoin market sentiment has turned overwhelmingly bullish, with the Fear and Greed Index jumping into “greed” with a reading of 65.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 568. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crypto Today: Bitcoin, Ethereum, XRP decline as market anticipates reveal of mysterious Bitcoin creatorSUI/USDT daily chart SUI is attempting to breach the $1.967 support level on Tuesday after failing to break its all-time high resistance at $2.19.
Source: FXStreetNews - 🏆 14. / 72 Read more »