Analyst: BTC key resistance level is $70,000

robot
Abstract generation in progress

BlockBeats news, on October 22nd, Avinash Shekhar, co-founder and CEO of Pi42, said in an interview that "BTC is approaching the key resistance level of $70,000, which is driven by multiple factors including Kamala Harris's support for crypto assets, Trump's 60% chance of re-election, low interest rates, and reduced fears of World War III." He added that the target for long positions is to reach $72,000 in the short term, while bearish investors hope the price will remain above $66,500. (Decrypt)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)