Bitcoin is cooling its rally — Here are the BTC price levels to watch next

Bitcoin is cooling its rally — Here are the BTC price levels to watch next

Bitcoin (BTC) consolidated gains on Oct. 27 as the highest levels in six weeks gave way to sideways action.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Bitcoin impresses with stability on GDP print

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $20,500 on Bitstamp after reaching local highs of $21,012 the day prior.

The largest cryptocurrency trod water in line with United States equities at the Wall Street open, with the S&P 500 flat and the Nasdaq…


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