The bitcoin (BTC) price is running at full speed today. It looks very good and the king of crypto has strongly exceeded $ 67,000 and recently even touched $ 68,000. At the time of writing, there seems to be more to come. If the price manages to rise a little further, it will be really exciting to see what BTC will do. This is a level that is crucial for further price movements in the near future.
Crypto Radar: Bitcoin price on the rise and climbs above $63,000
A look at the crypto market
The total market capitalization, the value of all cryptocurrencies together, has risen by 1.6% and is up $2.43 billion in the last 24 hours.
Bitcoin is currently for sale at a price of €61,900 on the Dutch crypto exchange Bitvavo. This is an increase of no less than 4% over the past 24 hours. On the Dubai-based exchange Bybit powered by SATOS, this brings the price to $67,700.
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Are you looking for a reliable party to buy crypto such as bitcoin or ethereum? In collaboration with Crypto Insiders, the Dutch trading platform Bitvavo is giving 10 euros free to new users.
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BTC price explodes
According to analyst at Crypto Insiders Ivan Lagana, the BTC price actually shows exactly what crypto investors have been waiting for. The price is strong and has well charged the battery at around $65,000. Now that the price has risen well above $67,000, it is mainly a matter of looking further upwards. This is an extremely important point. This is the $68,200. According to Ivan, this is really a ‘make it or break it’ moment for the race.
If BTC manages to blow through this, there is certainly a chance of a new all-time high:
“The chance of further upward movements remains present. However, we are approaching a crucial point: the first significant resistance is at $68,200. This is an important weekly resistance level and can be a first obstacle. Should BTC rise above this level, the chances of us moving towards a new All-Time High (ATH) increase significantly.”
All eyes are currently focused on the BTC price. Things can now also go quickly. The trading volume is sky high and the volatility is good. Perhaps the all-important $68,200 will fall today.
Making a go for that $68,000 resistance level 🚀🚀 pic.twitter.com/IRVAclY2bK
— Nebraskangooner (@Nebraskangooner) October 15, 2024
At the same time, there is a chance that the price will not be able to break through the $68,200 level. That would mean that bitcoin would first have to take a step back. That is not a disaster, but obviously not the ideal scenario for bitcoin investors who would like to see a new all-time high this year.
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Bitcoin Price Soars and Investors Hold Their Breath!
The bitcoin (BTC) price is running at full speed today. It looks very good and the king of crypto has strongly exceeded $67,000 and recently even touched $68,000. At the time of writing, there seems to be more to come. If the price manages to rise a little further, it will be really exciting to see what BTC will do. This is a level that is crucial for further price movements in the near future.
A Look at the Crypto Market
The total market capitalization, the value of all cryptocurrencies together, has risen by 1.6% and is up $2.43 billion in the last 24 hours.
Bitcoin is currently for sale at a price of €61,900 on the Dutch crypto exchange Bitvavo. This is an increase of no less than 4% over the past 24 hours. On the Dubai-based exchange Bybit powered by SATOS, this brings the price to $67,700.
10 Euros of Free Crypto of Your Choice!
Are you looking for a reliable party to buy crypto such as bitcoin or ethereum? In collaboration with Crypto Insiders, the Dutch trading platform Bitvavo is giving 10 euros free to new users.
BTC Price Explodes
According to analyst at Crypto Insiders Ivan Lagana, the BTC price actually shows exactly what crypto investors have been waiting for. The price is strong and has well charged the battery at around $65,000. Now that the price has risen well above $67,000, it is mainly a matter of looking further upwards. This is an extremely important point. This is the $68,200. According to Ivan, this is really a ‘make it or break it’ moment for the race.
“The chance of further upward movements remains present. However, we are approaching a crucial point: the first significant resistance is at $68,200. This is an important weekly resistance level and can be a first obstacle. Should BTC rise above this level, the chances of us moving towards a new All-Time High (ATH) increase significantly.”
All eyes are currently focused on the BTC price. Things can now also go quickly. The trading volume is sky high and the volatility is good. Perhaps the all-important $68,200 will fall today.
Making a go for that $68,000 resistance level 🚀🚀 pic.twitter.com/IRVAclY2bK
— Nebraskangooner (@Nebraskangooner) October 15, 2024
At the same time, there is a chance that the price will not be able to break through the $68,200 level. That would mean that bitcoin would first have to take a step back. That is not a disaster, but obviously not the ideal scenario for bitcoin investors who would like to see a new all-time high this year.
Don’t want to miss important crypto news anymore? Then follow our brand new WhatsApp Channel. Here we keep you informed of the most important crypto news 7 days a week.
Commentary: A Comedy of Cryptos!
So, Bitcoin’s playing a game of “How high can you go?” and it’s hitting the heights like a contestant on a trampoline reality show. We’re soaring, folks! Touching $68,000 is the crypto equivalent of your mate saying, “Watch this!” and attempting to jump off the roof.
But let’s not get too giddy. Remember, every time Bitcoin looks like it’s going to break through a significant resistance level, the market does a cheeky little ‘whoopsie daisy’, and back we go. It’s like that one friend who promises to go to the gym, signs up, and then just… eats pizza instead.
Analysts tell us we’re at a make-or-break point. It’s all very dramatic, isn’t it? The suspense is palpable! It’s like watching an episode of your favorite soap opera – you know there’s a cliffhanger coming, but will it be a glorious victory or will we be left crying in our tea?
So, whether you’re watching your investments rise like a hot air balloon or plummet like my last Tinder date, remember: keep your chin up and your cash close. Either way, this crypto rollercoaster is not for the faint-hearted. Buckle up!