bullish

Bitcoin

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The market might need some time to accumulate energy to grow further, according to <a href="https://u.today/shib-price-prediction-for-october-22" rel="noopener noreferrer nofollow">CoinStats</a>. <img src="https://u.today/sites/default/files/inline-images/top10_1434.png" data-entity-uuid="d4c25217-b6fe-4a0a-bbe7-f21a888b131b" data-entity-type="file" data-caption="BTCchart by&amp;nbsp;<a href=&quot;https://coinstats.app/coins/&quot;>CoinStats</a>">
<h2 class="text-align-justify" id="btc-usd">BTC/USD</h2>
The price of Bitcoin (BTC) has declined by 1.1% over the last day. <img src="https://u.today/sites/default/files/inline-images/btc1_233.png" data-entity-uuid="5b62dff4-f91c-4552-acd2-b7ead09d5577" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/BTCUSDT&quot;>TradingView</a>">
Despite the false breakout on the hourly chart, the rate of BTC keeps trading near the support of $66,160. If buyers cannot seize the initiative and the daily bar closes around the mentioned mark, one can expect a drop to the $65,000 range soon. <img src="https://u.today/sites/default/files/inline-images/btc2_214.png" data-entity-uuid="49d804fb-f77d-4549-9620-cdce4c0ab706" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/BTCUSDT&quot;>TradingView</a>">
On the daily time frame, the price of the main crypto is far from the main levels. In this case, one should focus on the interim zone of $66,000.
If its breakout occurs, the correction is likely to continue to the $64,000-$65,000 area. <img src="https://u.today/sites/default/files/inline-images/btc3_212.png" data-entity-uuid="40a6b42a-88c7-498f-84e3-b2285e34da78" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/BTCUSDT&quot;>TradingView</a>">
From the midterm point of view, bulls have failed to keep growing after the previous bullish bar closure. If the situation does not change, there is a possibility to see a test of the $65,000 zone soon.
Bitcoin is trading at $66,663 at press time. <a href="https://u.today/bitcoin-btc-price-prediction-for-october-23" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

Bitcoin (BTC) Price Prediction for October 23

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