Bitcoin and Ethereum – Weekly Technical Analysis – October 25th, 2021

Bitcoin

Bitcoin, BTC to USD, fell by 1.07% in the week ending 24th October. Following a 12.48% rally from the week prior, Bitcoin ended the week at $60,847.0.

A mixed start to the week saw Bitcoin fall to a Monday low $59,883.0 before making a move.

Steering clear of the major support levels, Bitcoin rallied to a Wednesday all-time high and intraweek high $66,958.0.

Bitcoin broke through the first major resistance level at $64,990 before falling to a Saturday intraweek low $59,755.0.

Continuing…


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