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Bitcoin Bitcoin (BTC) $119,279.12 ↑ 1.02%
Ethereum Ethereum (ETH) $3,864.59 ↑ 3.61%
XRP XRP (XRP) $3.21 ↑ 1.37%
Tether USDt Tether USDt (USDT) $1.00 ↓ 0.00%
BNB BNB (BNB) $825.84 ↑ 5.74%
Solana Solana (SOL) $188.45 ↑ 1.42%
USDC USDC (USDC) $1.00 ↓ 0.00%
Dogecoin Dogecoin (DOGE) $0.24 ↑ 1.99%
TRON TRON (TRX) $0.32 ↑ 0.20%
Cardano Cardano (ADA) $0.83 ↑ 0.43%
Sui Sui (SUI) $4.32 ↑ 2.68%
Hyperliquid Hyperliquid (HYPE) $44.08 ↑ 0.44%
Stellar Stellar (XLM) $0.44 ↑ 1.52%
Chainlink Chainlink (LINK) $19.05 ↑ 4.00%
Hedera Hedera (HBAR) $0.29 ↑ 3.21%
Bitcoin Cash Bitcoin Cash (BCH) $602.28 ↑ 7.88%
Avalanche Avalanche (AVAX) $25.48 ↑ 2.79%
Litecoin Litecoin (LTC) $114.61 ↑ 0.22%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 0.92%
Toncoin Toncoin (TON) $3.36 ↑ 1.55%
UNUS SED LEO UNUS SED LEO (LEO) $8.98 ↓ -0.04%
Ethena USDe Ethena USDe (USDe) $1.00 ↑ 0.00%
Uniswap Uniswap (UNI) $10.83 ↑ 3.77%
Polkadot Polkadot (DOT) $4.20 ↑ 1.93%
Monero Monero (XMR) $322.21 ↑ 0.71%
Bitget Token Bitget Token (BGB) $4.61 ↑ 1.62%
Pepe Pepe (PEPE) $0.00 ↑ 2.01%
Dai Dai (DAI) $1.00 ↓ 0.00%
Aave Aave (AAVE) $299.90 ↑ 1.83%
Cronos Cronos (CRO) $0.14 ↓ -0.50%
Ethena Ethena (ENA) $0.68 ↑ 17.15%
Bittensor Bittensor (TAO) $432.39 ↑ 0.81%
NEAR Protocol NEAR Protocol (NEAR) $2.93 ↑ 1.85%
Ethereum Classic Ethereum Classic (ETC) $23.13 ↑ 1.51%
Pi Pi (PI) $0.44 ↑ 0.21%
Ondo Ondo (ONDO) $1.05 ↑ 0.21%
Aptos Aptos (APT) $4.87 ↑ 1.45%
Internet Computer Internet Computer (ICP) $5.77 ↑ 1.93%
OKB OKB (OKB) $48.47 ↑ 0.75%
Kaspa Kaspa (KAS) $0.11 ↑ 7.56%
Mantle Mantle (MNT) $0.82 ↑ 4.57%
Bonk Bonk (BONK) $0.00 ↑ 1.23%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↑ 4.06%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.24 ↑ 1.91%
Algorand Algorand (ALGO) $0.28 ↑ 3.74%
Arbitrum Arbitrum (ARB) $0.46 ↑ 1.50%
VeChain VeChain (VET) $0.03 ↑ 1.47%
Render Render (RENDER) $4.32 ↑ 2.24%
GateToken GateToken (GT) $18.00 ↑ 1.61%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.01%
Worldcoin Worldcoin (WLD) $1.21 ↑ 3.67%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.33 ↑ 1.38%
Sky Sky (SKY) $0.10 ↑ 2.51%
Sei Sei (SEI) $0.35 ↑ 0.13%
SPX6900 SPX6900 (SPX) $2.11 ↑ 7.38%
Cosmos Cosmos (ATOM) $4.83 ↑ 1.94%
Filecoin Filecoin (FIL) $2.73 ↑ 2.83%
Jupiter Jupiter (JUP) $0.60 ↑ 7.68%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.74 ↑ 0.91%
Flare Flare (FLR) $0.03 ↑ 4.02%
Story Story (IP) $5.40 ↓ -1.97%
Quant Quant (QNT) $127.95 ↑ 5.65%
Injective Injective (INJ) $15.34 ↑ 5.88%
KuCoin Token KuCoin Token (KCS) $11.56 ↓ -0.08%
Celestia Celestia (TIA) $2.02 ↑ 4.17%
XDC Network XDC Network (XDC) $0.09 ↑ 0.24%
Curve DAO Token Curve DAO Token (CRV) $1.06 ↑ 1.26%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.01%
Fartcoin Fartcoin (FARTCOIN) $1.37 ↑ 2.67%
Stacks Stacks (STX) $0.85 ↑ 4.50%
Four Four (FORM) $3.51 ↑ 3.32%
Optimism Optimism (OP) $0.73 ↑ 1.77%
FLOKI FLOKI (FLOKI) $0.00 ↑ 2.41%
Ethereum Name Service Ethereum Name Service (ENS) $31.09 ↑ 3.83%
Immutable Immutable (IMX) $0.60 ↑ 5.18%
dogwifhat dogwifhat (WIF) $1.12 ↑ 4.67%
The Graph The Graph (GRT) $0.11 ↑ 4.38%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.59 ↑ 1.08%
PancakeSwap PancakeSwap (CAKE) $3.01 ↑ 8.65%
Kaia Kaia (KAIA) $0.17 ↑ 2.21%
Lido DAO Lido DAO (LDO) $1.14 ↑ 5.24%
Sonic Sonic (S) $0.34 ↑ 0.69%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -5.55%
Conflux Conflux (CFX) $0.19 ↑ 1.87%
Tezos Tezos (XTZ) $0.90 ↑ 0.51%
PAX Gold PAX Gold (PAXG) $3,352.41 ↓ -0.04%
Vaulta Vaulta (A) $0.58 ↑ 1.93%
Theta Network Theta Network (THETA) $0.92 ↑ 4.22%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.04%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 2.06%
IOTA IOTA (IOTA) $0.22 ↑ 3.52%
Nexo Nexo (NEXO) $1.32 ↑ 1.63%
Raydium Raydium (RAY) $3.13 ↑ 2.43%
Tether Gold Tether Gold (XAUt) $3,344.37 ↓ -0.03%
Gala Gala (GALA) $0.02 ↑ 2.52%
The Sandbox The Sandbox (SAND) $0.32 ↑ 3.12%
Pyth Network Pyth Network (PYTH) $0.14 ↑ 5.12%
Aerodrome Finance Aerodrome Finance (AERO) $0.91 ↑ 1.21%
Pendle Pendle (PENDLE) $4.44 ↑ 0.93%
Jito Jito (JTO) $2.02 ↑ 2.46%
Bitcoin Bitcoin (BTC) $119,279.12 ↑ 1.02%
Ethereum Ethereum (ETH) $3,864.59 ↑ 3.61%
XRP XRP (XRP) $3.21 ↑ 1.37%
Tether USDt Tether USDt (USDT) $1.00 ↓ 0.00%
BNB BNB (BNB) $825.84 ↑ 5.74%
Solana Solana (SOL) $188.45 ↑ 1.42%
USDC USDC (USDC) $1.00 ↓ 0.00%
Dogecoin Dogecoin (DOGE) $0.24 ↑ 1.99%
TRON TRON (TRX) $0.32 ↑ 0.20%
Cardano Cardano (ADA) $0.83 ↑ 0.43%
Sui Sui (SUI) $4.32 ↑ 2.68%
Hyperliquid Hyperliquid (HYPE) $44.08 ↑ 0.44%
Stellar Stellar (XLM) $0.44 ↑ 1.52%
Chainlink Chainlink (LINK) $19.05 ↑ 4.00%
Hedera Hedera (HBAR) $0.29 ↑ 3.21%
Bitcoin Cash Bitcoin Cash (BCH) $602.28 ↑ 7.88%
Avalanche Avalanche (AVAX) $25.48 ↑ 2.79%
Litecoin Litecoin (LTC) $114.61 ↑ 0.22%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 0.92%
Toncoin Toncoin (TON) $3.36 ↑ 1.55%
UNUS SED LEO UNUS SED LEO (LEO) $8.98 ↓ -0.04%
Ethena USDe Ethena USDe (USDe) $1.00 ↑ 0.00%
Uniswap Uniswap (UNI) $10.83 ↑ 3.77%
Polkadot Polkadot (DOT) $4.20 ↑ 1.93%
Monero Monero (XMR) $322.21 ↑ 0.71%
Bitget Token Bitget Token (BGB) $4.61 ↑ 1.62%
Pepe Pepe (PEPE) $0.00 ↑ 2.01%
Dai Dai (DAI) $1.00 ↓ 0.00%
Aave Aave (AAVE) $299.90 ↑ 1.83%
Cronos Cronos (CRO) $0.14 ↓ -0.50%
Ethena Ethena (ENA) $0.68 ↑ 17.15%
Bittensor Bittensor (TAO) $432.39 ↑ 0.81%
NEAR Protocol NEAR Protocol (NEAR) $2.93 ↑ 1.85%
Ethereum Classic Ethereum Classic (ETC) $23.13 ↑ 1.51%
Pi Pi (PI) $0.44 ↑ 0.21%
Ondo Ondo (ONDO) $1.05 ↑ 0.21%
Aptos Aptos (APT) $4.87 ↑ 1.45%
Internet Computer Internet Computer (ICP) $5.77 ↑ 1.93%
OKB OKB (OKB) $48.47 ↑ 0.75%
Kaspa Kaspa (KAS) $0.11 ↑ 7.56%
Mantle Mantle (MNT) $0.82 ↑ 4.57%
Bonk Bonk (BONK) $0.00 ↑ 1.23%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↑ 4.06%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.24 ↑ 1.91%
Algorand Algorand (ALGO) $0.28 ↑ 3.74%
Arbitrum Arbitrum (ARB) $0.46 ↑ 1.50%
VeChain VeChain (VET) $0.03 ↑ 1.47%
Render Render (RENDER) $4.32 ↑ 2.24%
GateToken GateToken (GT) $18.00 ↑ 1.61%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.01%
Worldcoin Worldcoin (WLD) $1.21 ↑ 3.67%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.33 ↑ 1.38%
Sky Sky (SKY) $0.10 ↑ 2.51%
Sei Sei (SEI) $0.35 ↑ 0.13%
SPX6900 SPX6900 (SPX) $2.11 ↑ 7.38%
Cosmos Cosmos (ATOM) $4.83 ↑ 1.94%
Filecoin Filecoin (FIL) $2.73 ↑ 2.83%
Jupiter Jupiter (JUP) $0.60 ↑ 7.68%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.74 ↑ 0.91%
Flare Flare (FLR) $0.03 ↑ 4.02%
Story Story (IP) $5.40 ↓ -1.97%
Quant Quant (QNT) $127.95 ↑ 5.65%
Injective Injective (INJ) $15.34 ↑ 5.88%
KuCoin Token KuCoin Token (KCS) $11.56 ↓ -0.08%
Celestia Celestia (TIA) $2.02 ↑ 4.17%
XDC Network XDC Network (XDC) $0.09 ↑ 0.24%
Curve DAO Token Curve DAO Token (CRV) $1.06 ↑ 1.26%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.01%
Fartcoin Fartcoin (FARTCOIN) $1.37 ↑ 2.67%
Stacks Stacks (STX) $0.85 ↑ 4.50%
Four Four (FORM) $3.51 ↑ 3.32%
Optimism Optimism (OP) $0.73 ↑ 1.77%
FLOKI FLOKI (FLOKI) $0.00 ↑ 2.41%
Ethereum Name Service Ethereum Name Service (ENS) $31.09 ↑ 3.83%
Immutable Immutable (IMX) $0.60 ↑ 5.18%
dogwifhat dogwifhat (WIF) $1.12 ↑ 4.67%
The Graph The Graph (GRT) $0.11 ↑ 4.38%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.59 ↑ 1.08%
PancakeSwap PancakeSwap (CAKE) $3.01 ↑ 8.65%
Kaia Kaia (KAIA) $0.17 ↑ 2.21%
Lido DAO Lido DAO (LDO) $1.14 ↑ 5.24%
Sonic Sonic (S) $0.34 ↑ 0.69%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -5.55%
Conflux Conflux (CFX) $0.19 ↑ 1.87%
Tezos Tezos (XTZ) $0.90 ↑ 0.51%
PAX Gold PAX Gold (PAXG) $3,352.41 ↓ -0.04%
Vaulta Vaulta (A) $0.58 ↑ 1.93%
Theta Network Theta Network (THETA) $0.92 ↑ 4.22%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.04%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 2.06%
IOTA IOTA (IOTA) $0.22 ↑ 3.52%
Nexo Nexo (NEXO) $1.32 ↑ 1.63%
Raydium Raydium (RAY) $3.13 ↑ 2.43%
Tether Gold Tether Gold (XAUt) $3,344.37 ↓ -0.03%
Gala Gala (GALA) $0.02 ↑ 2.52%
The Sandbox The Sandbox (SAND) $0.32 ↑ 3.12%
Pyth Network Pyth Network (PYTH) $0.14 ↑ 5.12%
Aerodrome Finance Aerodrome Finance (AERO) $0.91 ↑ 1.21%
Pendle Pendle (PENDLE) $4.44 ↑ 0.93%
Jito Jito (JTO) $2.02 ↑ 2.46%
Home Cryptocurrency

Bitcoin Prepares for Rally as Key Support Holds Firm

Gezim Osmani by Gezim Osmani
28 October 2024
in Cryptocurrency, News
Reading Time: 2 mins read
0
representing Bitcoin is potential rally as it holds above a critical support level. The image features a large Bitcoin symbol

Bitcoin is currently holding above a critical support level, positioning itself for a potential upward breakout. As it hovers near short-term resistance, market analysts are watching closely for signs of a move that could present profitable opportunities for investors. The stability of this long-term support level highlights Bitcoin’s resilience, maintaining the interest of bullish investors while signaling the possibility of an upward move.

Qubetics is 728x90 1 1

Table of Contents

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    • Speculation Is High for These 5 Top Meme Coins – Is the Best Upcoming Crypto in 2025 on This Lineup?
    • Momentum Builds: 3 Top Cryptos in July 2025 Every Investor Should Have on Their Radar
  • Key Support Level at $65,000 Holds
  • Resistance at $66,700 to $68,300 Zone
  • Liquidity Map Hints at Potential Breakout

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Key Support Level at $65,000 Holds

Examining Bitcoin’s 2-day chart reveals strong support just above $65,000, a level that remains vital for BTC’s long-term bullish outlook. This support acts as a foundation for potential gains, as BTC approaches significant resistance levels in the short term, creating an atmosphere of anticipation among traders.

chart 20

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Resistance at $66,700 to $68,300 Zone

On the daily chart, Bitcoin is trading within a resistance zone between $66,700 and $68,300. If daily closes remain below this zone, a pullback to the next support level at $64,500 could follow. However, a breakthrough above the $69,000 to $69,500 range could lead to a rally towards $72,000, with potential highs reaching $73,500 if momentum builds.

Liquidity Map Hints at Potential Breakout

Analyzing Bitcoin’s liquidity map shows a strong concentration of liquidity between $68,800 and $69,200, suggesting a possible upward breakout. However, liquidity between $64,200 and $64,700 on the downside also indicates uncertainty, signaling investors to prepare for movement in either direction. This liquidity build-up on both sides reflects a market in limbo, where a decisive move could soon unfold.

Historically, Bitcoin’s consolidation within narrow price ranges has often led to significant moves, as these sideways phases are typically precursors to larger price shifts. Investors may consider both long and short positions to capitalize on whichever direction the market ultimately takes.

Tags: bitcoinbreakoutliquidity mapresistance zonesupport level
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Gezim Osmani

Gezim Osmani

Senior Journalist, Content editor Hi there! My name is Gezim, and I'm a Senior Journalist covering crypto and fintech. I have a passion for technology and finance, and I've spent years following the latest trends in the industry. My goal is to make complex financial concepts accessible to my readers. I strive to provide insightful analysis and explain the latest developments in the world of crypto and fintech in a way that is easy to understand. I believe that knowledge is power, and I want to empower my readers to make informed decisions about their finances. In addition to my professional pursuits, I also love to take photos. I find that photography allows me to capture moments and emotions in a way that words cannot. Whether I'm traveling to a new city or exploring the great outdoors, I always have my camera with me. Photography is a way for me to express my creativity and connect with the world around me. When I'm not working or taking photos, I also enjoy hiking and spending time in nature. There's something about being outside and surrounded by natural beauty that brings me peace and clarity. I also love to read, and I'm always seeking out new books and articles to expand my knowledge. Overall, I'm driven by a desire to help people understand the complex world of finance and technology. Through my writing, photography, and other pursuits, I'm committed to creating content that inspires and informs my readers. I believe that everyone has the potential to achieve financial success, and I'm here to help them along the way. I would love to connect and see how we can work together to shape the future of crypto anf fintech. Let's connect and see where our shared interests and expertise can take us!

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