CandleFocus Bitcoin (BTC) Price Prediction for October 5
2024-10-05
Author: Content Editor
The price of Bitcoin has decreased by 1.18% in the last 24 hours, with buyers maintaining control at the start of the weekend. On the hourly chart, BTC has encountered resistance at $62,308, suggesting a possible correction to the $62,000 range. However, if the daily bar closes near $62,350 or higher, there is potential for growth to the $63,000-$64,000 range next week. On the weekly chart, neither buyers nor sellers are dominant, leading to ongoing sideways trading between $60,000 and $66,000. At the time of writing, Bitcoin is priced at $62,239.
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