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coinpedia
2024-10-17 15:23:21

Rising Selling Pressure Builds Strong Resistance at $68K for Bitcoin: Will BTC Price Meet Buyers’ Demand?

Rising Selling Pressure Builds Strong Resistance at $68K for Bitcoin: Will BTC Price Meet Buyers’ Demand?

The post Rising Selling Pressure Builds Strong Resistance at $68K for Bitcoin: Will BTC Price Meet Buyers’ Demand? appeared first on Coinpedia Fintech News Bitcoin has started its “Uptober” trend, with the price rising steadily since the beginning of the month. After a challenging September, investors took advantage of October’s positive sentiment to buy during price drops, which pushed the price higher. However, short-term holders (STHs) have been selling near local high points, creating strong resistance around the $68,000 …

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