bullish

Litecoin

Bitcoin

Ethena

<p>Is “Uptober” finally starting for Bitcoin? After a steep drop below $60,000 on October 10th, causing panic in the markets, BTC seems to be on its way to new heights again. The leading crypto, oscillating at $63,700, shows signs of recovery despite persistent volatility and a divided market. However, the question remains whether this momentum will be enough to break through key resistances for a sustainable rally.</p>
<h2 id="h-bitcoin-et-altcoins-course-timide-mais-prometteuse">Bitcoin and altcoins: Timid but promising race</h2>
<p>As <strong>the <a href="https://www.cointribune.com/en/crypto-markets/bitcoin-btc-en/" target="_blank" rel="noopener noreferrer nofollow">price of Bitcoin</a> surged <a href="https://coinpedia.org/price-analysis/crypto-market-live-today-bitcoin-hits-64000-ethereum-2500-heres-what-to-expect-as-bears-remain-vigilant/" target="_blank" rel="noopener noreferrer nofollow">above $63,000</a></strong>, other cryptos like Ethereum are slowly recovering from the storm. <strong>The entire market shows a modest capitalization increase of 0.65%</strong>, settling at around $2.14 trillion. Trading volume is up 4.3%, suggesting modest participation from traders.</p>
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<p>However, <strong>the “fear and greed” index stagnates at 37</strong>, reflecting persistent nervousness.</p>
<p>Some cryptos nevertheless stand out:</p>
<ul>
 <li>Brett (BRETT): +21.2%;</li>
 <li>Ethena (ENA): +14.95%;</li>
 <li>SUI: +2%.</li>
</ul>
<p>Despite these gains, doubts remain on <strong>the ability of altcoins to keep up with the pace set by Bitcoin</strong>, especially with upward pressures affecting assets such as Litecoin or Fantom.</p>
<h2 id="h-traders-btc-une-determination-mise-a-l-epreuve">BTC Traders: A determination put to the test</h2>
<p>Traders are closely watching Bitcoin as it flirts with $64,000 for the third consecutive day. Technical indicators suggest <strong>a potential move above $65,000</strong>, reinforced by the possible validation of a double bottom pattern.</p>
<p>The 200-day moving average and a possible bullish MACD crossover favor the continuation of the trend.</p>
<figure class="wp-block-image size-large"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdpI3vpSPUZkpxG70WIpny3q4GxPo3cw-sACoUly76B34l0Wj7btbxXZh-BABiXnLI8ZOv2ojrmaepDZKo0B2GESol47E51W8T0SCy97eouQEHIpsi2YsMlwMz58lx3KIlGB0dlf7d-dOTMDcFMjpu2vgk?key=mUdsKmrkfbcNzaeyDmPP2A" alt="200 JOURS MA-prix-Bitcoin">
 <figcaption class="wp-element-caption">
  Bitcoin Price Chart – 200 days MA – October 14 – Source: TradingView
 </figcaption>
</figure>
<p>However, a recent drop of over $100 ($63,893 at the time of writing) shows that <strong>the crypto market is not out of the woods yet</strong>. As an analyst might say: “<em>The bulls seem to be struggling to maintain control amid declining trading volumes. </em>”</p>
<p>A <strong>decisive entry into the resistance zone</strong> would be necessary to hope to reach $67,000.</p> 
<div class="tradingview-widget-container tradingview--mini-chart">
 <div class="tradingview-widget-container__widget"></div>
 <div class="tradingview--mini-chart--dark">
  <script type="text/javascript" src="https://s3.tradingview.com/external-embedding/embed-widget-mini-symbol-overview.js" async>{"symbol":"BINANCE:BTCUSD","width":350,"height":220,"isTransparent":false,"autosize":false,"dateRange":"12M","trendLineColor":"rgba(253,64,19,1)","underLineColor":"rgba(253,64,19,0.6)","underLineBottomColor":"rgba(253,64,19,0)","locale":"en","largeChartUrl":false,"colorTheme":"dark"}</script>
 </div>
 <div class="tradingview--mini-chart--light">
  <script type="text/javascript" src="https://s3.tradingview.com/external-embedding/embed-widget-mini-symbol-overview.js" async>{"symbol":"BINANCE:BTCUSD","width":350,"height":220,"isTransparent":false,"autosize":false,"dateRange":"12M","trendLineColor":"rgba(253,64,19,1)","underLineColor":"rgba(253,64,19,0.6)","underLineBottomColor":"rgba(253,64,19,0)","locale":"en","largeChartUrl":false,"colorTheme":"light"}</script>
 </div>
 <div class="tradingview-widget-copyright"><a href="https://fr.tradingview.com/symbols/BTCUSD/?exchange=BINANCE" rel="noopener noreferrer nofollow" target="_blank"><span class="text-primary-color">BTCUSD chart</span></a> by TradingView
 </div>
</div> 
<p>Whatever the outcome, <a href="https://fr.cointelegraph.com/news/bitcoin-and-the-100k-bet-the-us-election-wont-change-a-thing" target="_blank" rel="noopener noreferrer nofollow">the $100K bet for Bitcoin</a> remains within reach, regardless of the results of the upcoming U.S. election, predicts Dan Tapiero.</p>
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The Price Of Bitcoin At $64,000: Heading Towards A New Peak Or Just A Temporary Rebound?

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